As college students become more exposed to the increasing presence of Artificial Intelligence (AI) in their classrooms and job opportunities, the need to understand the potential implications of this technology is higher than ever. ChatGPT, an AI chatbot, is used by many to quickly type a writing prompt and get a personalized essay back in minutes. While on one hand it can assist with tasks such as math problems and research projects, it also poses a threat of cheating. Employment opportunities are also affected by AI, with algorithms influencing the job market. Students need to stay updated to stay competitive and stay one step ahead. ChatGPT brings the ability to efficiently craft essays, allowing college students to save time for the more important tasks.
. 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.
. Explore the industry's debate through the eyes of Infosys co-founder Narayana Murthy and other experts on AI's impact on the workforce. Learn how AI technologies, like ChatGPT and Auto-GPT, have created a stir amidst regulatory authorities. Discover how startups such as Sonic Chat, Lei, Rephrase.AI are driving the nation's AI software market to a projected $7.8 billion in revenue by 2025.
ChatGPT is the leading AI software mediating natural language processing and understanding for educational purposes. It assists students to write complete papers for school, eliminating research and revision processes. Despite its useful functions, it has been rife in controversy due to potential cheating, as revealed by casual user ‘The-Rice-Boi’ on r/ChatGPT subreddit. He recently was accused of taking advantage of the software by his high school professor. In turn he enlisted advice from Reddit users in order to protect himself against the wrongful accusation. Another essay-related issue is the choice of unique and singular names, made popular by the user. ChatGPT makes school writing experiences easier, but raises concerns about its impact on education.
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