×

TV industry’s worst advertising downturn in 15 years; Backlash over fake AI writers & speakers; ASA releases guidance for green claims in ads 

This week: TV industry’s worst advertising downturn in 15 years; Backlash over fake AI writers & speakers; ASA releases guidance for green claims in ads… 

Last Friday we saw consumers spend a record USD $9.8bn (£7.7) on Black Friday, while contrastingly, this week brought into focus the precarious state of the TV industry’s advertising downturn. Channel 4’s chief executive reported that the broadcaster has slowed down on spending and is considering tapping into its emergency credit facility next year. 

In the world of AI, we’ve seen backlash surrounding the use of fake writers and speakers. Sports Illustrated was criticised for publishing articles created by fake AI generated authors, while the DevTernity developer conference in Latvia received backlash after its organiser created a fake profile for a female speaker, which resulted in the event’s cancellation. Amazon also unveiled its new AI chatbot, Q, which has been designed specifically to meet the needs of customers’ business needs. 

This week we also saw the publishing of new guidelines from the ASA regarding guidance for green claims in advertising. Under its recommendations, absolute claims made by brands should be supported by a high level of substantiation, and claims must be based on the full lifecycles of products unless stated otherwise. 

New on ExchangeWire 

Mastercard's Snigdha Nandan on United Airlines, Black Friday, and Google

Lumen's CEO, Mike Follett, on Attention as a Service for Advertising Outcomes

ATS Tokyo: Adele Wieser on Japan’s programmatic landscape & the cookieless future

New on PressBox 

Equativ & Greenbids Partner to Reshape the Sustainable Programmatic Future

AdPlayer.Pro Online Video Ad Tech Company Reports Q3 2023 Results

Zitcha & Broadsign Partner to Drive Global In-Store Retail Media Market

Find podcasts, teasers and more in The Stack

The Stack brings news, latest events, and much more to your inbox every Friday. Subscribe here to receive our weekly podcast, long reads, opinion, industry insight, and tech trivia each week.