I work with AI and use it personally, but I have my own servers running local models which solves tons of privacy concerns. The inaccuracy is another problem but not a big one for me as I know it and will simply fact check. Also, I don't really use it for knowledge anyway. Just to filter news to my interest, help with summaries and translation etc.
People use AI as some all-knowing oracle but an LLM is not meant for that at all.