AI tools can sometimes ‘hallucinate’ information, with error rates ranging from...

https://www.mediafire.com/file/demg8kkhqcuyfx2/pdf-64438-67615.pdf/file

AI tools can sometimes ‘hallucinate’ information, with error rates ranging from 22% to 94% depending on the task. For family offices, this risk is real—studies show AI outputs may be only 50% accurate, and 20% of those errors materially impact decisions