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AI tools can sometimes make things up—a phenomenon called hallucination—with error rates ranging from 22% to 94%

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Building trust in enterprise AI means focusing on explainability, consistency, and alignment with business logic. Without it, hallucinations and errors slip through, creating costly mistakes and no clear audit trail

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AI tools can sometimes generate inaccurate or misleading information, called hallucinations, which in family offices have been found to occur between 22% and 94% of the time. Studies reveal up to 50% accuracy and as much as 20% material errors in outputs

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