Tag: David Wood

OpenAI's GPT-4 has made headlines with its impressive performance in exams like the bar exam and 13/15 APs - but when tested on accounting exams, it was no match for humans. A recent experiment conducted by 186 universities showed students average 76.7%, ChatGPT 47.4%. OpenAI is aiming to use AI technologies to benefit humans, and the results of the experiment showed ChatGPT can help in some areas. Still, researchers discourage using it exclusively for learning purposes.

This study evaluates the performance of OpenAI's ChatGPT AI chatbot in the accounting field. Results showed students had higher accuracy than the AI, but it was competent in True/False and Multiple Choice questions. Over 186 universities from 14 countries joined the research to better understand ChatGPT's impact on the education system. OpenAI is a leader in developing AI-based technology, and its groundbreaking work has the potential to revolutionize the way we learn and teach.

This recent research studied how Microsoft-backed OpenAI's AI chatbot ChatGPT compares to human accounting abilities. A team led by BYU's David Wood assessed the original version of ChatGPT and the results were intriguing. The AI scored lower than the average student grade of 76.7%, but excelled in AIS and auditing, yet was unable to excel in tax and management related questions due to difficulty in processing mathematical and numerical components. ChatGPT had a higher score in true and false questions and multiple-choice topics, though had issues with answering short-answer questions. Experience OpenAI's AI for yourself and find out more about our groundbreaking AI technology.

. OpenAI's ChatGPT technology has amazed the world with its capabilities since its launch in November 2020. In a study conducted by Brigham Young University and published in the American Accounting Association journal, its potential was tested with accounting paperwork. ChatGPT scored an impressive 47.7%, but still lagged behind the students average of 76.7%. ChatGPT was tested on tax, audit, management and financial evaluation and even exceeded the student average for accounting data systems and auditing with 11.3%. Despite these successes, it failed to overcome mathematics-oriented tasks. Professor David Wood from Brigham Young University has expressed concern with it being used for cheating, but also believes it can improve the learning progress of students and faculty in educational institutions.

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.