The pursuit of high perceptual quality in image restoration has driven the development of revolutionary generative models, capable of producing results often visually indistinguishable from real data.However, as their perceptual quality continues to improve, these models also exhibit a growing tendency to generate hallucinations – realistic-looking details that do not exist in the ground truth images.The presence of hallucinations introduces uncertainty regarding the reliability of the models' predictions, raising major concerns about their practical application.In this paper, we employ information-theory tools to investigate this phenomenon, revealing a fundamental tradeoff between uncertainty and perception. We rigorously analyze the relationship between these two factors, proving that the global minimal uncertainty in generative models grows in tandem with perception. In particular, we define the inherent uncertainty of the restoration problem and show that attaining perfect perceptual quality entails at least twice this uncertainty. Additionally, we establish a relation between mean squared-error distortion, uncertainty and perception, through which we prove the aforementioned uncertainly-perception tradeoff induces the well-known perception-distortion tradeoff. This work uncovers fundamental limitations of generative models in achieving both high perceptual quality and reliable predictions for image restoration. We demonstrate our theoretical findings through an analysis of single image super-resolution algorithms.Our work aims to raise awareness among practitioners about this inherent tradeoff, empowering them to make informed decisions and potentially prioritize safety over perceptual performance.