Business

ChatGPT has passed the MBA exam and a professor is sounding the alarm


ChatGPT has alarmed high school teachers who worry that students will use it—or other new artificial intelligence tools—to cheating on writing assignments. But the interest doesn’t stop at the high school level. At the University of Pennsylvania’s prestigious Wharton School of Business, professor Christian Terwiesch wondered what such AI tools could mean for MBA programs.

This week, Terwiesch released a research paper where he documented how ChatGPT performed on the final exam of a typical MBA core course, Operations Management.

Chatbot AI, he Written“Excellently completed the basic operations management and process analysis questions, including those based on case studies.”

He notes that it has shortcomings, including being able to handle “more advanced process analysis questions”.

But ChatGPT, he determined, “will get a B to B- on the exam.”

Elsewhere, it has also “done a good job preparing legal documents and some believe the next generation of this technology could even pass the bar exam,” he noted.

ChatGPT ‘won’t go away’

Of course, ChatGPT is “in its infancy,” as billionaire entrepreneur Mark Cuban noted this week in an interview with Not Bot, an AI newsletter. He added, “Imagine what GPT 10 would look like.”

Andrew Karolyi, dean of SC Johnson School of Business at Cornell University, agrees, talk to Financial Times This week: “One thing we all know for sure is that ChatGPT is not going away. If anything, these AI techniques will continue to get better and better. Faculty and university managers need to invest in their own education.”

That’s especially true of the software giant Microsoft brood over a Invest 10 billion USD in OpenAIthe adventure behind ChatGPT, after an initial $1 billion investment a few years ago. And Google parent company Alphabet is responding by plowing resources into similar tools to answer the challengethat it’s afraid might hurt its search dominance.

So everyone will use these tools, like it or not, including MBA students.

“I don’t think AI will replace humans, but people using AI will replace humans,” said Kara McWilliams, head of ETS’s Product Innovation Lab, which provides a tool that can identify people. determine AI-generated responses , Speak to time.

Terwiesch, in presenting his paper, noted the impact of electronic computing on the business world—and suggested that something similar could happen with tools like ChatGPT.

Before the introduction of computers and other computing devices, many companies employed hundreds of employees whose task was to manually perform mathematical operations such as matrix multiplication or inversion, he writes. “Obviously, such tasks are now automated and the value of the skills involved has dropped significantly. Likewise, any automation of the skills taught in our MBA programs has the potential to reduce the value of MBA training.”

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