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Business and law schools accept ChatGPT for exams

BY VASANTHA

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The ChatGPT algorithm passed prestigious graduate-level exams - although not particularly well. Professors at the University of Minnesota and the Wharton School of Business report the AI chatbot tool has passed law exams in four courses.

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UML professors graded the exams for the four courses blindly to test ChatGPT's performance. About performed on average at the level of a C+ student after answering 95 multiple-choice questions and 12 essay questions.

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ChatGPT earned a B- to B- grade on a Wharton business management exam. Wharton business professor Christian Terwiesch wrote that ChatGPT answered basic operations management and process analysis questions "incredibly well" but struggled with more advanced questions. The software also made "surprising math errors."

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"Major mistakes can occur," he wrote. Students are able to cheat on assignments with ChatGPT, according to a growing number of schools and teachers. As a result of ChatGPT, some educators are rapidly revising their assignments, even though it is unclear how widespread its use among students and how harmful it can be.

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As of late November, ChatGPT has generated essays, stories, and song lyrics based on prompts from users. Researchers were fooled by its abstracts. Even CEOs have used it for email or accounting.

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ChatGPT generates responses to user prompts based on vast amounts of online data. Users love it, but concerns have been raised about inaccuracies and misinformation spread by it.

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