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AI tools can sometimes produce hallucinations—incorrect or misleading...

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 sometimes produce hallucinations—incorrect or misleading information—with rates ranging from 22% to 94% depending on the context. For family offices, this risk is significant, especially when 20% of outputs may contain material errors