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

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

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