Chatbot's MBA Exam Pass Poses Test for Business Schools
Artificial Intelligence Chatbot ChatGPT Outperforms Some Humans on MBA Exam at Wharton School
January 23, 2023
The rise of artificial intelligence chatbots has raised concerns about their potential to disrupt the traditional education system. One such chatbot, called ChatGPT, recently shocked educators by performing well on a core MBA subject exam at the University of Pennsylvania's Wharton School, one of the most prestigious business schools in the United States.
As Christian Terwiesch, a professor at the Wharton School, stated in his white paper, "Chat GPT3 would have received a B to B- grade on the exam. This has important implications for business school education.”
Many educators are worried that students will use chatbots like ChatGPT to cheat on essays and exams. Professor Jerry Davis at the University of Michigan’s Ross Business School, who has convened a faculty meeting to discuss the implications of ChatGPT, said "Our whole enterprise in education is being challenged by this, and it’s only going to get more challenging. Time for a top-to-bottom rethink.”
Francisco Veloso, Dean of Imperial College Business School in London, also commented on the matter saying "We are having serious discussions and a working group is analysing the implications of ChatGPT and other similar tools that we know our resourceful and inventive students are using, and we will be formulating policies around that soon."
While stressing that the growing use of AI technology was inevitable and even largely desirable, Veloso called for clear disclosure policies in class on whether students had used ChatGPT, and predicted mitigation measures including “going back to handwritten work, as well as more oral and class — or at least synchronous — discussions.”
This performance of ChatGPT on MBA exams has posed a test for business schools and educators to re-think their policies and teaching methods to adapt to the integration of AI technology in education.