AI can offer powerful insights for family offices, but hallucinations—when AI...

https://www.normalbookmarks.win/ai-tools-can-sometimes-generate-information-that-isn-t-accurate-a-problem

AI can offer powerful insights for family offices, but hallucinations—when AI generates incorrect or misleading info—pose a real risk. Studies show AI accuracy ranges from 22% to 94%, with some outputs containing up to 20% material errors