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Sports Illustrated called out over AI-generated content

Sports Illustrated has removed several articles from its website following a story from Futurism that revealed that the magazine was publishing content under fabricated bylines with fictional profiles and AI-generated headshots as profile images.

In their report, Futurism found that some of the articles on the Sports Illustrated website were written by authors like this guy, Drew Ortiz, who had an author bio that was accompanied by (what were so obviously) AI-generated profile photos that Futurism found for sale in an online marketplace.

The Arena Group, which has licensed and operated the magazine since 2019, denied any liability and instead said that the articles in question were licensed content, in the form of product reviews, from an external third-party company, AdVon Commerce.

You can read more on the matter here.

What’s going on?

• Elon Musk Needs Israel’s Approval to Operate Starlink in Gaza (theDeepDive)

• Musk’s Cybertruck Is Already a Production Nightmare for Tesla (Bloomberg)

• NDP Open to Extending Pharmacare Deadline Amidst Ongoing Talks with Liberals (theDeepDive)

• Amazon announces new AI chip as it deepens Nvidia relationship (CNBC)

• Reddit Leads Class of 2024 IPO Candidates Testing the Water (Bloomberg)

• Life at Sea Cruises Cancels Inaugural Three-Year Voyage (theDeepDive)

• Powerful Koch group endorses Haley's 2024 Republican presidential bid (Reuters)

• Alberta’s Danielle Smith Puts Sovereignty Act To Test Amid Power Regulations Tussle (theDeepDive)

• US annual home price growth at 6.1% in September (Reuters)

• George Santos Calls Himself the ‘Mary Magdalene of United States Congress,’ Hurls Accusations Against Colleagues (theDeepDive)

• Ukraine says wife of spymaster Budanov was poisoned (Reuters)

What’s the latest?

• Scotiabank Miss: Bank of Nova Scotia reported fiscal fourth-quarter earnings that fell short of analysts' expectations, largely due to higher provisions for potential loan losses. The bank set aside $1.26 billion for credit losses, exceeding the forecasted $870 million. Adjusted earnings per share were US$1.26, below the expected $1.67. Challenges included higher loan loss provisions in both Canadian and Latin American operations, economic instability in Latin America, and reduced capital market earnings.

• Consumer Confidence: U.S. consumer confidence saw an increase in November, breaking a trend of three consecutive months of decline, as reported by the Conference Board. The consumer confidence index rose to 102.0, up from a revised figure of 99.1 in October. This increase was somewhat unexpected, as economists had anticipated a slight decline in the index to 101.0.

• Cruise Funding Cuts: General Motors is reportedly reducing spending on its self-driving unit, Cruise, following a pedestrian accident involving one of Cruise's driverless cabs last month. This decision comes as the company faces increased safety scrutiny around its robotaxis. In response to the incident, Cruise paused all supervised and manual car trips in the U.S. and expanded a safety review.

• First Quantum Struggles: The Panama Supreme Court has ruled that First Quantum Minerals Ltd.’s mining contract for the Cobre Panama mine is unconstitutional. This unanimous decision by the court intensifies the uncertainty surrounding one of the world's largest copper mines. The ruling follows recent mass protests triggered by the approval of a new mining contract with the Canadian company, leading to a suspension of the mine's production due to supply access issues.

• Super-PAC Supports Haley: The conservative U.S. political network led by billionaire Charles Koch has endorsed Nikki Haley for the 2024 Republican presidential nomination. This endorsement from Americans for Prosperity Action, known for advocating for tax cuts and reduced government regulation, aims to challenge the dominance of former President Donald Trump in the primaries.

Riverside Resources’ market oddity

The stock market and stuff

• Court Weighs Binance’s Fate as SEC Continues To Investigate (theDeepDive)

• First Quantum Panama copper contract ruled unconstitutional (BNN)

• Changpeng Zhao, Former Binance CEO, Temporarily Blocked From Leaving The US (theDeepDive)

• Shein Files For IPO, Recently Valued At $66 Billion (theDeepDive)

In the juniors

• Market Movers: Euro Manganese Jumps 105% On Project Financing Deal With Orion Resource Partners (theDeepDive)

• Nighthawk And Moneta To Merge To Create Gold Developer (theDeepDive)

• American Lithium says Peru lithium project could be fast-tracked (Reuters)

• Rio Tinto Increases Ownership In Western Copper and Gold To 9.7% (theDeepDive)

FULL DISCLOSURE: LNG Energy Group is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of LNG Energy Group. The author has been compensated to cover LNG Energy Group on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.