createinstalliso
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Updated macOS Sierra installer is in fact fixable
it is not possible to use this newer version of the macOS Sierra installer application.
It's possible to use the updated macOS Sierra installer's createinstallmedia after making a simple modification: change the installer's version number back to 12.6.03 by running sudo plutil -replace CFBundleShortVersionString -string "12.6.03" /Applications/Install\ macOS\ Sierra.app/Contents/Info.plist.
More info at this post.