The generative artificial intelligence (AI) system was tested on the operations management exam by Wharton professor Christian Terwiesch, with the sophisticated AI scoring a B-grade.
In his paper ‘Would Chat GPT3 Get a Wharton MBA’, published this week, Terwiesch said ChatGPT has the ability to replicate human intelligence.
“Specifically, the knowledge of workers in the jobs held by MBA graduates including analysts, managers and consultants,” he added.
Terwiesch’s study found the AI system was able to modify its answers to the exam after receiving help from a human expert, which helped it land a B-grade.
But its overall performance in the exam showed a lack of ability when processing advanced analytical information and mathematical problems.
The study did show that ChatGPT is capable of producing “excellent” answers to business questions and shows a potential to learn over time through continued human help.
The language processing system developed by OpenAI has gained fame in recent months for its ability to mimic human interaction and produce human-like text.
Its formatting system allows ChatGPT to engage in intellectual debates and complex discussions with its users.
In his report, Terwiesch highlighted the need for collaboration between humans and AI around future exam and curriculum policies to pave the way for the future of business education.