Source Transparency

A recent investigation highlights the business risks of using AI for web searches due to persistent data accuracy issues. While AI offers efficiency gains, a gap exists between user trust and technical precision, impacting compliance, legal defensibility, and financial forecasting. A study of six AI tools revealed accuracy varying from 55% to 71%, with all tools exhibiting errors, particularly in legal and financial advice. The lack of source transparency and potential for algorithmic bias further exacerbate risks. The report recommends companies implement governance frameworks, enforce prompt specificity, mandate source verification, and prioritize human oversight.