Andrew Ng's newly released document extraction service shows significant limitations when processing complex financial statements, with high error rates and slow processing times. Tests revealed over 50% hallucinated values and frequent missing data in financial tables, highlighting the challenges of using LLMs for document extraction.

https://www.runpulse.com/blog/putting-andrew-ngs-ocr-models-to-the-test

#aitechnology #ocr #dataextraction #financialtechnology #documentprocessing