An AI rival to ChatGPT passed a university level law and economics exam, and did better than many humans, professor says

The AI safety and research company “Anthropic” built an AI robot named Claude. That company was part-funded by FTX founder Sam Bankman Fried. Claude was used by Alex Tabarrok, an economics professor at Virginia’s George Mason University, for passing a university level exam of law and economics.

Tabarrok wrote in the university blog “Marginal Revolution” that AI Claude achieved a “marginal pass” in law and economics exams and his AI answers were better than human responses. He considers Claude an advanced and competent to OpenAI’s like: GPT3 (Generative Pre-trained Transformer 3) uses deep learning model to produce human-like text and ChatGPT, a text generation and language translation model. Yet Claude was weak in fact-based answers that were mostly opinion-based and could be a better answer by using more economic reasoning.

Since November, more interest has been shown by people in the AI field through the launch of OpenAI’s ChatGPT. As it has human-like capability from writing cover letters to appearing in interviews with a success ratio of 80% and many more.

Anthropic secured $580 million in Series B funding in May 2022 with investors including Bankman-Fried, FTX’s former director of engineering Nishad Singh, and former CEO of Alameda Research Caroline Ellison. In May 2022, The Anthropic company received another series B fund of $580 million from Bankman-Fried, and Alameda Research.