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AI tools can generate impressive insights but also risk “hallucinations” —...

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 can generate impressive insights but also risk “hallucinations” — errors ranging from 22% to 94% in output accuracy. For family offices managing complex wealth, this can lead to costly mistakes