The artificial intelligence-powered ChatGPT chatbot outperformed many students in MBA exams at the Wharton School at the University of Pennsylvania, a professor has said.
Christian Terwiesch, innovation management expert at the leading business school, wrote an article titled “Would Chat GPT3 Get a Wharton MBA?”
“The GPT3 cat would have received a B to B grade on the exam,” Terwiesch wrote in the article, quoted by the Financial Times. “This has important implications for business school education.”
“OpenAI’s GPT3 Chat has shown a remarkable ability to automate some of the skills of high-paid knowledge workers in general and specifically knowledge workers in the positions occupied by MBA graduates, including analysts, managers and consultants,” according to Terwiesch.
The professor wrote that the chatbot was capable of performing “professional tasks” such as “writing software code and preparing legal documents”.
Terwiesch concluded that the chatbot does an “incredible job on basic operations management and process analysis questions, including those based on case studies.”
ChatGPT made headlines after it was unveiled in November by OpenAI, the AI-centric research company that counts Elon Musk among its co-founders.
ChatGPT, which stands for “Cat Generative Pre-Trained Transformer”, has been shown to solve math problems to provide parenting guidance for writing computer code.
Users can access a website for free and enter a query into the system. The AI-powered technology, which is driven by machine learning, would then respond with the text of a response within five seconds.
“The dialog format allows ChatGPT to answer follow-up questions, admit mistakes, challenge incorrect premises, and reject inappropriate requests,” OpenAI said in a statement.
Sam Altman, CEO of OpenAI, said ChatGPT provides “an early demonstration of what’s possible.”
“Soon you’ll be able to have helpful assistants who will talk to you, answer questions and give you advice,” Altman told the Guardian.
“Later, you may have something that triggers and does tasks for you. Eventually, you may have something that triggers and discovers new knowledge for you.
The chatbot’s potential looks so promising that Microsoft recently announced it would invest some $10 billion with OpenAI to advance the technology.
But teachers and university professors have warned that students could use technology to cheat on exams.
Darren Hick, a philosophy professor at Furman University in South Carolina, recently told The Post that he caught a student using ChatGPT to write an essay for a class assignment.
Earlier this month, the New York City Department of Education blocked access to OpenAI’s chatbot over concerns that students were abusing the technology.
ChatGPT’s ability to produce content in seconds has raised concerns that it is replacing humans in writing-centric tasks.
But technology still lacks the nuanced and critical thinking skills that are needed for creative roles that can only be played by humans.