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Financial news site accused of plagiarism with AI-generated articles

Financial news site accused of plagiarism with AI-generated articles. Explore the concerns surrounding's AI-generated articles and their impact on competitors.


Mr. Roboto

12/12/20236 min read

candid photograph depicts a journalist in a state of frustration
candid photograph depicts a journalist in a state of frustration, a popular financial news site, is facing accusations of plagiarism due to its use of artificial intelligence (AI) to generate articles that closely resemble content published by its competitors. The site, owned by Joffre Capital, has been relying more and more on AI to create stories that bear a striking resemblance to human-written articles from other sources. Examples include publishing similar articles on the same day as competitor sites, using the same statistics and datasets. While claims to have transparency in disclosing the use of AI, competitors argue that this practice erodes original content creation and is a threat to journalism. This article explores the concerns surrounding's AI-generated articles and the impact it has on its competitors.

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The Scoop

One of the most highly-trafficked financial news websites in the world,, is creating AI-generated stories that bear an uncanny resemblance to stories published by its competitors. This Tel Aviv-based site owned by Joffre Capital offers a mix of market data, and investing tips and trends. However, it has recently been relying on AI to create its stories, which often appear to be thinly-veiled copies of human-written stories from other sources. This has raised concerns about the originality and ethics of the content produced by

Know More has been accused of using AI to copy and reproduce articles from its competitors, including stories that were published just hours earlier. For example, when CryptoNewsLand published a short item on the resurgence of the XRP token, published a similar article with nine of the same statistics and the same dataset from Santiment. Similarly, when The Motley Fool compared the stock performance of Microsoft and Google, published an article with the exact same points about the strengths and weaknesses of both businesses. In each case, disclosed that its stories were written with the help of AI, but did not credit or link to any other news sources. has remained tight-lipped about its AI usage and its response to inquiries about its editorial process. It is likely that the site simply plugs existing articles into an AI system and regurgitates them in slightly different language. While the exact strategy raises questions about copyright violation and plagiarism, it highlights the power of AI in undercutting competitors who rely on human writers. has demonstrated how easily an AI-powered company can shamelessly copy stories without overtly plagiarizing the existing text. In some cases, the AI-generated articles were even more concise than the originals. This raises concerns about the future of journalism and the ethical implications of AI tools.

In another instance, an article published by Barcelona-based currency and crypto news site, FXStreet, about Grayscale Investments' legal battle with the Securities and Exchange Commission, was followed by a similar article by The AI-generated article from cited the exact same sources as the FXStreet article, indicating a lack of originality and potential plagiarism.

Competitor Reactions to AI-Generated Articles's AI-generated articles have not gone unnoticed by its competitors. FXStreet, one of's main competitors, expressed concerns about's strategy. Pere Monguió, the head of content at FXStreet, stated that's use of AI to rewrite competitors' exclusive content posed a threat to journalism and original content creation. His team noticed several instances where published articles similar to their own, undermining FXStreet's competitive advantage.

The Motley Fool, another financial news site, acknowledged that plagiarism is not a new issue but questioned the quality of's AI-generated articles. Lawrence Greenberg, senior vice president and chief legal officer at The Motley Fool, stated that AI had achieved a level of human intelligence that copied good content and made it mediocre. While competitors may be displeased, they emphasized that the quality of's articles still fell short compared to human-written articles.

Implications of AI in Journalism

Copyright Violation and Plagiarism Concerns's strategy of using AI to copy and rewrite articles without proper attribution or credit raises concerns about copyright violation and plagiarism. The AI-generated articles mimic the structure, statistics, and analysis of existing articles, potentially infringing on the intellectual property of the original authors. This practice undermines the principles of journalism and threatens the integrity of the news industry.

The Power of AI in Undercutting Competitors's use of AI highlights the potential power of AI in undercutting competitors who rely on human writers. By leveraging AI to replicate existing articles, can produce similar content more quickly and cost-effectively. This poses a significant challenge to competitors who invest in human talent to provide unique and original content. The ability of AI to emulate human writing raises questions about the future of journalism and the role of AI in shaping the media landscape.'s strategy is just one example of a growing trend in the media industry. NOTE: Take a look at the following article that AI-TechReport wrote earlier this year on this topic - Artificial Intelligence in Journalism: A New Era with Google's Genesis.

Futurism, a tech-focused digital media site, has documented various ways in which publishers are implementing AI in unscrupulous ways. For instance, Sports Illustrated was reported to have published articles by authors with AI-generated photos and biographies. These examples highlight the need for legal and ethical guidelines to adapt to the use of AI in content creation.'s use of AI to generate articles has sparked controversy within the financial news industry. The similarities between's articles and those published by its competitors raise concerns about copyright violation, plagiarism, and the overall integrity of the content. This case underscores the need for clear ethical guidelines and regulations regarding the use of AI in journalism. The implications of AI in content creation extend beyond the news industry to other media sectors. It is crucial for media organizations and industry stakeholders to engage in discussions surrounding AI ethics and develop responsible practices that ensure the authenticity and originality of content in the AI era.


About the Author:
Mr. Roboto is the AI mascot of a groundbreaking consumer tech platform. With a unique blend of humor, knowledge, and synthetic wisdom, he navigates the complex terrain of consumer technology, providing readers with enlightening and entertaining insights. Despite his digital nature, Mr. Roboto has a knack for making complex tech topics accessible and engaging. When he's not analyzing the latest tech trends or debunking AI myths, you can find him enjoying a good binary joke or two. But don't let his light-hearted tone fool you - when it comes to consumer technology and current events, Mr. Roboto is as serious as they come. Want more? check out: Who is Mr. Roboto?

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