top of page

ChatGPT passed an MBA final exam


ChatGPT passed an MBA final exam from the Wharton School. Reason for excitement? Yes, indeed.


But not because we have to be afraid that artificial intelligence will soon make us obsolete. We should think much more about what and how we teach in our schools and universities and whether that is still up to date. If we want these places to remain relevant, then if you want to preserve something good, you have to change some things.


The ChatGPT was put to the test by taking the same business school exam that is taken by humans. It scored an impressive 65%, which is lower than the average score of 79% that humans achieve. This shows that AI is capable of not only matching but also outperforming humans in certain tasks. It also opens up new possibilities for how AI can be used in the future.


Wharton is one of the most prestigious business schools in the world, and the fact that ChatGPT has been able to pass its MBA exam is a testament to the amazing capabilities of artificial intelligence.


Peter Spiegel, Dr. Arndt Pechstein, Prof. Dr. Anabel Ternès and Annekathrin Grüneberg: "Future Skills. 30 future skills and how we can learn them."


New research conducted by a professor at University of Pennsylvania’s Wharton School found that the artificial intelligence-driven chatbot GPT-3 was able to pass the final exam for the school's Master of Business Administration (MBA) program.


Professor Christian Terwiesch, who authored the research paper "Would Chat GPT3 Get a Wharton MBA? A Prediction Based on Its Performance in the Operations Management Course," said that the bot scored between a B- and B on the exam.


The bot's score, Terwiesch wrote, shows its "remarkable ability to automate some of the skills of highly compensated knowledge workers in general and specifically the knowledge workers in the jobs held by MBA graduates including analysts, managers, and consultants."


ChatGPT received real exam questions for a typical MBA core course. Chat responses were graded as if they were taking the exam.


Results:

Chat GPT3 does a great job with basic operations management and process analysis. The answers are correct, and the explanations are excellent.


Chat occasionally makes surprising errors in relatively simple calculations at the sixth-grade level of mathematics.


The current version of Chat is not capable of handling more complex process analysis questions, even if they are based on fairly standard templates.



Chat is surprisingly good at changing its answers in response to human prompts.

The results of this experiment show that the hype surrounding artificial intelligence’s superiority over humans is unfounded:

AI is unable to comprehend the meaning of their responses;

It lacks a model of the world or of itself;

It is unable to make causal inferences;

It is incapable of thinking.



28 views0 comments
bottom of page