Tuesday, February 7, 2023

Artificial Intelligence Passes Entrance Exam at Top Business School

Artificial intelligence It seems to have no limits and as time passes it leaves a great wonder. In a previous related case high school teachers are very concerned because according to some of them, this new discovery and other tools, they can be used by students to cheat and get cheated in writing assignments. better test results,

This major concern stems from the fact that in the prestigious Wharton School of Business, University of Pennsylvania professor Christian Terwiesch was wondering how important artificial intelligence tools are to the MBA (Master of Business Administration) program and for which the Master of Business Administration and Management is popular. ,

Last week, Professor Tervish published a research paper detailing how Artificial Intelligence performed in the final exam of a typical foundation course. MBA: Operations Management.

The AI ​​wrote, “Does a wonderful job on basic operations management and process analysis questions, including questions based on case studies.”
It had several drawbacks, the evaluation noted, including its ability to handle “more advanced process analysis questions”. but in the end they decided “I would have gotten a B to a B- on the exam.”

Elsewhere, it has “done well in preparing legal documents and some believe the next generation of this technology could pass an even more advanced test,” Tervish said.

Andrew Caroli, dean of Cornell University’s S.C. Johnson School of Business, agrees with this concern.

College and university administrators need to invest in educating themselves

“One thing we all know for sure is ChatGPT (artificial intelligence chatbot prototype developed by OpenAI in 2022 that specializes in dialogue). Artificial Intelligence is not going away. No matter what, these AI techniques will keep getting better and better. College and university administrators need to invest in educating themselves”, said the professor in a recent interview with the Financial Times.

This is especially true with software giant Microsoft, which has invested $10 billion OpenAI, the company behind ChatGPT, following an initial $1 billion investment a few years back. And Google parent Alphabet has responded by investing resources in similar tools to meet the challenge, which it fears could hurt its search domain.

So people will use these tools whether they like it or not, including MBA students.

For her part, Cara McWilliams, director of the ETS Product Innovation Labs, conceded in the Times that “AI is not going to replace people, but the people who use AI are going to replace people.

Similarly, ChatGPT, an AI-powered chatbot, has amazed and horrified the internet with its ability to write academic essays, speeches and answer deep questions about life. Tech leaders are increasingly talking about how transformative this will be for businesses.
Others, however, are concerned about the jobs it would possibly eliminate. Naturally, the chatbot, developed by Open AI, was a hot topic of discussion in the world. World Economic Forum 2023 in Davos,

At the event, Jeff Maggioncalda, CEO of US-based online course provider Coursera, said he used ChatGPT as a “thought partner and writing assistant”.

Professor Christian Terwisch concludes that “before the introduction of calculators and other computing devices, many companies employed hundreds of employees whose task was to manually perform mathematical operations such as multiplication or matrix inversion. Obviously, such tasks are now automated.” and the value of related skills has fallen dramatically. In the same way, any automation of the skills taught in our MBA program could reduce the value of a specialized education.”

Nation World News Desk
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