AI tools can produce hallucinations—incorrect or misleading information—with...

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 produce hallucinations—incorrect or misleading information—with error rates ranging from 22% to 94%, and up to 20% of these can be material in nature. For family offices handling sensitive financial data, relying solely on AI outputs is risky