AI tools are increasingly used in family offices, but hallucinations—where AI...

https://canadianfamilyoffices.com/special-reports/technology-sr/ai-has-the-makings-of-a-powerful-tool-for-family-offices-but-frequent-and-highly-convincing-hallucinations-are-proving-troublesome/

AI tools are increasingly used in family offices, but hallucinations—where AI confidently makes up information—pose real risks. Studies show hallucination rates can range from 22% to 94%, with about 50% accuracy in some cases