ChatGPT, an AI-powered chatbot developed by OpenAI, was able to perform better than many students on MBA exams at the University of Pennsylvania’s Wharton School, according to a professor. Christian Terwiesch, an expert on innovation management at the school, wrote a paper titled “Would Chat GPT3 Get a Wharton MBA?” which showed that the chatbot was able to do “professional tasks” such as “writing software code and preparing legal documents.” OpenAI’s CEO, Sam Altman, said ChatGPT provides “an early demo of what’s possible.”