Well when life gives you autumn olive, make jam (or wine)
I do want to warn against letting the good aspects of this plant overshadow the threat it poses to wild ecosystems and biodiversity, though. Without human intervention, grasslands and prairies as we know them in North America would probably eventually be converted to autumn olive monocultures. Not even wildfires can kill off this plant. I'm hoping ecologists will eventually discover a biological control to keep autumn olive in check, but in the meantime it's up to us to control it. I really don't recommend going out of your way to grow autumn olive, and it would be best to gradually replace any autumn olive on your property with
native (or at least non-invasive) alternatives.
There are lots of native plants that can be used as an alternative, by the way. My first recommendation would be the
silver buffalo berry, which is a native relative of autumn olive. It has some thorns and the berries are more tart than autumn olive, but it is a good nitrogen fixer and people say the berries make an excellent jam.
Elaeagnus x ebbingei is another autumn olive relative to look into.