AI tools can sometimes produce inaccurate information, often called...

https://smoothdecorator.com/what-does-the-stanford-hai-ai-index-2026-say-about-hallucinations/

AI tools can sometimes produce inaccurate information, often called hallucinations, with error rates ranging from 22% to 94%. For family offices handling sensitive data, this poses a real risk—studies show up to 20% of outputs may contain material errors