AI tools are becoming common in family offices, but they often produce...

https://online-wiki.win/index.php/Should_a_Family_Office_Ban_ChatGPT_for_Client_Work%3F

AI tools are becoming common in family offices, but they often produce “hallucinations”—inaccurate or fabricated info. Studies show hallucination rates range from 22% to 94%, with some outputs only 50% accurate and up to 20% containing material errors