If we teach today as we taught yesterday, we rob our children of tomorrow. — John Dewey
It was a late afternoon when I descended the stairs from the sixth floor. Walking past the landing, I noticed a small group of students gathered near the railings, intently working on something. A glance at their screens, followed by a deliberate act of pretending not to see, revealed that they were using ChatGPT to work on the company valuation assignment I had handed out that morning as part of an elective course.
As I had suspected, many students came prepared with detailed solutions the next day. Interestingly, they had created multiple scenarios with different valuation outcomes. Several were ready for my questions and could anticipate and respond before I finished asking. I couldn’t help but reflect on how different this was from my own postgraduate and doctoral days, when take-home assignments and exams felt daunting and intellectually demanding. Back then, we feared the complexity of such tasks. Now, with tools like ChatGPT, the academic landscape has changed. Unless an instructor makes substantial effort to craft questions that artificial intelligence (AI) cannot easily answer, traditional assessment methods may no longer be effective.
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