Family offices increasingly rely on AI tools, but hallucinations—where AI...

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

Family offices increasingly rely on AI tools, but hallucinations—where AI outputs false information—are common, ranging from 22% to 94%. Accuracy can dip to around 50%, with up to 20% of errors deemed material