Tuesday, January 24, 2023

ChatGPT passed the MBA exam?

 ChatGPT passed the MBA exam?

ChatGPT "did an excellent job" answering questions about basic operations management and process analysis.

Since its debut, the AI technology chatbot ChatGPT has been all over the news. Users have been adopting it to finish their tasks and write emails for work in a particular tone, manner, and according to directions. Many people have acknowledged developing an addiction to the new craze. According to an article in Fortune, a professor from the Wharton School of the University of Pennsylvania, one of the finest business schools in the world, assessed the chatbot's performance on an MBA exam.

What these AI technologies imply for MBA programs is something that Professor Christian Terwiesch has been thinking about. He dissected ChatGPT's accomplishment on the Operations Management final exam, a standard MBA core course, in a research report that was released.

The professor allegedly stated in the paper that the AI chatbot "does excellent work at basic operations management and process analysis queries particularly those that are centered on case reports." He acknowledged that it had some limitations, such as the inability to handle "more advanced analysis problems."

However, according to him, ChatGPT "might have obtained a B to B- score on the exam." According to Mr. Terwiesch, the bot has performed admirably in other jurisdictions when generating legal documentation, and "some feel that the next version of this tech may even be capable of passing the bar test."

According to Fortune, Mr. Terwiesch argued that ChatGPT may have a comparable influence in his paper's opening, which also discussed the effect that digital calculators had on the corporate sector.

In his research, he stated "Before calculators and other computer tools were invented, many businesses hired dozens of employees whose job was to manually do arithmetic computations like multiplications or matrix inversions. These duties have been computerized, which has significantly reduced the value of the corresponding talents. The worth of an MBA education could be diminished by any digitization of the abilities provided in our MBA schools."


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