I recently came across this really interesting AI exam
or homework tool here’s the thing
it says the answer to this economics question is area C
hi everybody
I’m an economics professor
but um
it’s not see y’all
the question is asking a student to identify
when you have a market with a positive externality
where does the private market failure happen
where’s the location of the deadweight loss
on our little supply and demand graph
it’s not see
it would be d and this is the advertisement that they have this
they chose to put this on the internet
and it went like super viral
and it didn’t happen once
here’s another viral video asking the natural rate of unemployment
how much does it vary over time
there a I claims it’s the answer d
that the natural rate of unemployment varies substantially over time
here is the screenshot of the student filling it in
but my brothers in trying to get through college without thinking
you would be wrong the natural rate of unemployment is in blue
the actual rate of employment is in red
as we can see blue does not variate substantially
look most these tools are fine
they’re not much different from Cheg
and I use Cheg when I was going to college
when you are stuck on the homework
you are not learning so use it as a tool to learn
not as an excuse to not think
cause even in their advertisements they get things