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

https://www.easybookmarkings.win/ai-tools-are-helpful-but-not-foolproof-especially-for-family-offices-managing

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