AI Passes Law And Economics Exam, FTX Funded That AI

According to Virginia’s George Mason University professor, an AI funded by FTX founder Sam Bankman Fried passed a university-level economics and law exam.

The AI, Claude, was created by the AI safety and research firm Anthropic and was used by Alex Tabarrok to take law and economics exam.

Economists Alex Tabarrok And Tyler Cowen wrote on Marginal Revolution University blog that Claude obtained a “marginal” pass on a recent economics and law exam at George Mason University in Virginia.

Tabarrok stated that the exam was graded blindly and that Claude was considered a competitor and an “improvement to OpenAI’s GPT3, ” the tech behind viral sensation ChatGPT.

Tabarrok acknowledged that the answers were flawed and “mostly opinions.” Better answers would have utilized more economic reasoning. He said, “Still, the answers from Claude are more credible and better than many human replies,”

Anthropic secured $580 Million in Series B funding with investors Bankman-Fried and Caroline Ellison, former CEO of Alameda Research, in May 2022.

Since the November launch of OpenAI’s ChatGPT chatbot, there has been a lot of interest in AI capabilities. ChatGPT is a chatbot that has an uncanny human-like ability. It can do almost everything, from writing persuasive cover letters to interviewing 80% of human candidates to writing essays to help fix coding errors.

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