It is my experience that it's the opposite. LLMs are very very precise but wildly inaccurate. They might give you 17 significant digits but be off by 10 orders of magnitude, to use a metaphor.

Sounds like we're in agreement, then. The 7 digits it got correct are the big picture, and the rest are the details. Are you disagreeing with my statement or with my usage of "accurate" and "precise"?