Family offices exploring AI tools should be aware that hallucinations—where AI...

https://mill-wiki.win/index.php/What_Is_a_Realistic_Policy_for_Using_AI_to_Draft_Emails_and_Memos_in_Family_Offices%3F

Family offices exploring AI tools should be aware that hallucinations—where AI generates inaccurate or fabricated info—can occur in 22% to 94% of outputs. Studies show many AI responses have only about 50% accuracy, with 20% containing material errors