GPT-3, with a B- and a B on the MBA exam and “excellent” explanations, passed.
Artificial intelligence-powered chatbot with popularity ChatGPT did well enough on a final exam for the MBA program to graduate from the Wharton School at the University of Pennsylvania.
Professor Christian Terwiesch, who authored the study, said the bot received a grade of B+ to B. “truly amazing ability to automate some of the skills of highly paid knowledge workers in general,” as the score put it, “especially the employees in the jobs held by MBA graduates, such as analysts, managers, and consultants.”
With “excellent” explanations, ChatGPT aced “basic operations management and method analysis questions,” which included those based on case studies.
Teaching staff’ fears about artificial intelligence (AI) chatbots like ChatGPT, which can facilitate cheating, have recently risen to an unhealthy level. This month, NBC reported that the New York City Department of Education had announced a ban on the use of this program on school devices and networks.
As an advanced AI-driven program, ChatGPT makes it hard to tell the difference between human and machine-prompted responses.
GPT-3, a more mature and sophisticated variant of ChatGPT that has drawn criticism, was used in the study. Current GPT-3, according to Terwiesch, “process flows with various products and challenges with stochastic effects like demand variability” are examples of the types of questions that “standard templates” aren’t equipped to handle.
Important implications for business school curriculum have been drawn from the study “Exam policies, curriculum design centered on human-AI collaboration, decision-making simulation opportunities, the need to teach imaginative problem solving, increased teacher productivity, and more.
But Terwiesch thinks that educators “should reimagine learning and find other ways of engaging the students” by combining AI with education.