Tag: Accounting

This study by David Wood and 327 other researchers from 186 universities compared the performance of OpenAI's AI chatbot ChatGPT and university students in accounting exams. Results showed that students outperformed the chatbot, sometimes outperforming it by as much as 11.3%. The knowledge bank of the chatbot was found to be impressive, sometimes inventing its own references and making mathematical errors. Researchers are hopeful that the AI technology is the future of teach and learning.

Recent studies conducted by 186 universities including Brigham Young University revealed that students outperformed OpenAI's ChatGPT chatbot on accounting exams. Results of the research were published in the Issues in Accounting Education journal and indicated that students earned an average score of 76.7% while ChatGPT scored 47.4%. Researchers noted a gap in ChatGPT's understanding of mathematical processes for higher-order questions, but saw improvement in true-false, multiple-choice and AIS and auditing questions. OpenAI and its CEO, Sam Altman, have since 2015 been striving to expand the potential of AI and create a world that benefits humanity through their products such as ChatGPT.

Discover the revolutionary AI-driven digital agent, ChatGPT, built to address complex accounting exam questions. Human students outperformed the AI bot with average score of 76.7% compared to 47.4%. Learn how AI can still be improved to bridge the gap between AI and human interaction.

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Discover how AI technology ChatGPT stacks up against human accounting students in an eye-opening study that included 186 universities. Results show an average student score of 76.7%, with ChatGPT scoring 47.4%, though it outperformed on certain questions. Learn more on the study and its implications for the future of AI education.