AI can be a helpful tool for family offices, but it’s important to know its...

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 can be a helpful tool for family offices, but it’s important to know its limits. Studies show AI hallucination rates vary widely, from 22% to 94%, with some outputs only 50% accurate and up to 20% containing material errors