AI tools in family offices can be helpful but aren’t foolproof. Studies show...

https://www.bookmark-tango.win/ai-tools-can-sometimes-produce-misleading-information-known-as-hallucinations

AI tools in family offices can be helpful but aren’t foolproof. Studies show hallucination rates vary widely, from 22% to 94%, and some outputs contain material errors up to 20%. In Canada, AI-related legal issues have already appeared 175 times