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Futurism reported Monday that Sport Illustrated had used AI to generate articles, as well as headshots and biographical information for fictitious writers. The technology publication also said that information about the purported authors "disappeared from Sports Illustrated's site without explanation" after Futurism approached The Arena Group, a New York-based media company whose other publishing brands include Men's Journal, Parade and TheStreet.com. The Arena Group said in a statement posted on social media on Tuesday that the company's "initial investigation" found that Futurism's report "is not accurate." The articles highlighted by Futurism were produced by human writers for AdVon Commerce, which The Arena Group said formerly had a licensing deal with Sports Illustrated to write product reviews and other e-commerce content. "AdVon has assured us that all of the articles in question were written and edited by humans," a spokesperson for The Arena Group said in its statement. "However, we have learned that AdVon had writers use a pen or pseudo name in certain articles to protect author privacy — actions we strongly condemn." Sports Illustrated is removing the articles produced by AdVon while The Arena Group continues its investigation, the media company said. Sports Illustrated has also ended its partnership with AdVon, according to The Arena Group, which didn't respond to CBS MoneyWatch's request for comment. Stephen Cannella, co-editor-in-chief of Sports Illustrated, did not respond to an inquiry sent to his LinkedIn account. Futurism said Tuesday that it stands by its report. "Arena's response is just so bizarre, as everybody's been pointing out online," the publication said in a statement to CBS MoneyWatch. "The idea that people writing product reviews for volleyballs would need to protect their identities with pseudonyms is obviously absurd. And as for AdVon telling Sports Illustrated that all its articles are written by humans? Its employees disagree, and we've got a new story coming out about that soon." Need for guardrails Although The Arena Group denies using AI to produce stories for Sports Illustrated, the controversy underscores the question of how the media industry and other content producers should address the "lack of robust ethical guardrails" on using the technology, Benjamin Lange, an AI ethicist and research group lead at the Ludwig Maximilians University of Munich told CBS MoneyWatch. "Journalistic ethics requires adherence to basic principles of honesty, trust, accuracy and objectivity," he said. Several publishers and other companies have had to retract articles this year that were produced by AI. In January, for example, CNET published corrections for a number of AI-generated stories after critics noted they were rife with errors. In August, Microsoft in August pulled a computer-generated travel guide from its website after readers pointed out that it recommended tourists in Ottawa, Canada, visit a local food bank. Shares of The Arena Group, which is listed on Nasdaq, plunged more than 22% on Tuesday to $2.09 following Futurism's report. The company, formerly known as TheMaven, rebranded itself in 2021 and is led by Ross Levinsohn, who previously served as CEO of Sports Illustrated. Earlier this month, The Arena Group announced that it had merged with Bridge Media Networks, which produces news, sports and other content. More from CBS News Hackers had access to patient information for months in hospital cyberattack Why dictionary.com's word of the year is "hallucinate" Tucker Carlson is launching a $9 per month streaming service Sharp rise in antisemitic and anti-Muslim incidents in U.S., groups say In: * Sports Illustrated * AI Elizabeth Napolitano elizabeth-napolitano-cbsmoneywatch.jpg Elizabeth Napolitano is a freelance reporter at CBS MoneyWatch, where she covers business and technology news. She also writes for CoinDesk. Before joining CBS, she interned at NBC News' BizTech Unit and worked on the Associated Press' web scraping team. First published on November 28, 2023 / 3:32 PM EST © 2023 CBS Interactive Inc. All Rights Reserved. Thanks for reading CBS NEWS. Create your free account or log in for more features. ____________________ (BUTTON) Continue Please enter email address to continue Please enter valid email address to continue More from CBS News Hackers had access to patient information for months in hospital cyberattack Why dictionary.com's word of the year is "hallucinate" Tucker Carlson is launching a $9 per month streaming service Sharp rise in antisemitic and anti-Muslim incidents in U.S., groups say Copyright ©2023 CBS Interactive Inc. All rights reserved. * Privacy Policy * California Notice * Do Not Sell My Personal Information * Terms of Use * About * Advertise * Closed Captioning * CBS News Live on Paramount+ * CBS News Store * Site Map * Contact Us * Help Quotes delayed at least 15 minutes. Market data provided by ICE Data Services. ICE Limitations. Powered and implemented by FactSet. News provided by The Associated Press. 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