Saturday, February 4, 2023

ChatGPT passes the MBA final exam of a business school

AI-powered chatbot GPT-3 has been able to clear the final exam for the Master of Business Administration (MBA) program at the Wharton School of the University of Pennsylvania.

Professor Christian Terwisch, author of the research paper “Will GPT3 Chat Get an MBA at Wharton?”confirms The bot scored between remarkably low and remarkable on the test.

bot score it shows “Remarkable potential to automate some of the skills of high-paying knowledge workers in general and, in particular, of knowledge workers in positions held by MBA graduates, including analysts, managers and consultants.”

bot did “Wonderful work on basic operations management questions and process analysis, including those based on case studies”Terwiesch wrote in the article, saying that “bot explanations are excellent”,

bot is also “exceptionally good at modifying their responses in response to human suggestions”, conclusion.

The Robot Came

Terwiesch’s findings come at a time when teachers are increasingly concerned that these types of chatbots encourage cheating. Although chatbots are not a new technology, ChatGPT is slated to enter the social network in late 2022.

Earlier this month, the New York City Department of Education announced a ban on ChatGPT on its school devices and networks.

Although Chat GPT3’s results were impressive, Terwiesch said that Chat GPT3 “Sometimes makes startling mistakes in relatively simple calculations at a 6th grade math level.”

Current version of Chat GPT “Not able to handle more advanced process analysis queries, even if it is based on fairly standard templates”Terish added. “This includes problems with stochastic effects such as process flow and demand variability with many products.”

Still, Terwiesch said ChatGPT3’s performance in testing « Important implications for education in business schools, such as the need for exam policies, curriculum design focused on collaboration between humans and AI, opportunities to simulate real-world decision-making processes, to creatively solve problems the need to teach, improve teacher productivity, etc.».

Nation World News Desk
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