ChatGPT passes MBA exam given by Warton professor

GPT-3, was able to pass the MBA exam with a B and a B-, along with 'excellent' explanations

Popular AI-driven chatbot ChatGPT passed the final exam for the Master of Business Administration (MBA) program given by a professor at the University of Pennsylvania’s Wharton School

Professor Christian Terwiesch, the author of the research, wrote in his paper that the bot scored between a B- and B. The score showed a "remarkable ability to automate some of the skills of highly compensated knowledge workers in general and specifically the knowledge workers in the jobs held by MBA graduates including analysts, managers, and consultants."

ChatGPT performed really well at "basic operations management and process analysis questions including those that are based on case studies", with "excellent" explanations provided.

Educators have recently become overly concerned with the progress of AI chatbots like ChatGPT which could easily inspire cheating among students. The New York City’s Department of Education has already announced a ban on this program from school devices and networks, this month, reported NBC news.

ChatGPT is an advanced AI-driven program that makes it difficult to distinguish between human responses and those that have been machine prompted.

For the experiment, GPT-3 was used, a much advanced and senior version of ChatGPT that has become controversial. Terwiesch says that the present version of GPT-3 is "not capable of handling more advanced process analysis questions, even when they are based on fairly standard templates" which includes "process flows with multiple products and problems with stochastic effects such as demand variability.”

The research experiment has been noted to have important implications for business school education especially "exam policies, curriculum design focusing on collaboration between human and AI, opportunities to simulate real-world decision-making processes, the need to teach creative problem solving, improved teaching productivity, and more.”

Terwiesch however, believes that there is a way to marry AI and education to enhance learning for students, and for educators "to reimagine education and find other ways of engaging the students".

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