OpenAI, a company developing revolutionary AI-powered chatbots, recently revealed impressive results when its AI bot was tested at Brigham Young University in the United States. In a paper published in the journal Issues in Accounting Education, researchers from 187 universities revealed that the students outperformed ChatGPT in accounting exams. In overall, BYU students scored an average of 77% (76.7%) while the AI-powered ChatGPT achieved a score of 47% (47.4%).
Despite these results, researchers noted that the AI tool still showed an impressive performance, particularly in areas such as accounting information systems (AIS) and auditing. Nevertheless, it struggled to answer short-answer questions and higher-order questions, in addition to making errors in simple mathematical operations and fabricating references.
The paper gathered 327 co-authors from 187 educational institutions in 14 countries, who looked at the results of the chatbot’s performance. They even concluded that this tool will be a “game changer” in learning and teaching methods.
OpenAI is arguably one of the biggest companies in the world when it comes to developing AI solutions. Founded in 2015, the company is now a leading authority in researching and producing advanced AI technologies. Led by Sam Altman, the team has remarkable experience in the field, having produced notable projects such as GPT-2, DALL-E, Grover, and the original GPT.
Sam Altman is known for being the co-founder of Y Combinator, president at OpenAI, and former CEO at Loopt. He has also been included in Forbes Magazine’s annual 30 Under 30 lists multiple times and is highly respected for his work. Altman is a successful investor, having backed and advised several tech ventures, such as Airbnb, Dropbox, and Reddit. He is also the founder of Starfish Ventures, a venture capital fund.
