Google's AI does not know the difference between "the public" and "the public sector"

The public is the people; the public sector is the government. Hey, I didn't make it up.

//

I was reading something where the guy used the phrase "outside financial wealth" without defining it. I think it means public sector debt held by someone in the private sector. But I dunno. 

So I googled what is "outside financial wealth". The AI Overview responded:

Outside financial wealth is a term used in modern money theory to describe government IOUs that are held by the public sector. The private sector holds government currency and bonds as net financial assets. The qualifier "outside" refers to the fact that the wealth comes from outside the private sector.

I believe the AI's first sentence should end with the words "government IOUs that are held by the private sector." Or just "held by the public". But I don't know for sure. That's why I looked it up. If I am right, then this is the second time in a week that the AI has found and paraphrased an error -- or created an error of its own -- and offered it to me as fact.

That's dangerous. I expect to be able to trust the AI more than I trust a human response, because the AI is a computer. But I cannot trust the AI Overview. The AI should have to verify every fact that it gathers for paraphrasing.

In a follow-up search, I said:

Verify: "Outside financial wealth is a term used in modern money theory to describe government IOUs that are held by the public sector."

Google Search responded promptly: 

No results found for Verify: "Outside financial wealth is a term used in modern money theory to describe government IOUs that are held by the public sector."

The AI didn't even participate in the response this time. That thing is irresponsible!

//

A separate search for MMT: "outside financial wealth" definition turned up a very good, fully italicized paragraph from L. Randall Wray.

I had it right.