write note with the pencil during meetings and then easily turn it into text for emails
I think Notability supports handwriting recognition, but I’ve never tried it. Sounds like a can of worms to me and I can type faster than I can write anyway.
I use the pencil for scrawling notes, or marking points in audio so I can shortcut to it later, or sketching visuals and annotations etc.
If I was writing something to share, I’d just type it (I use one of the short Apple wireless keyboards for that, not the complicated ‘smart’ keyboard which I found irritating if you’re moving from pencil to keyboard input a lot).