Yes, oral exams, content created in plain sight, project-based activities, all of these can provide a true appraisal of student understanding. But these approaches, although highly rewarding for both student and teacher, are extremely time-consuming. They also run counter to the priorities of the district, which are forever and always: student achievement on standardized tests accomplished with minimal teaching personnel. The only ones benefiting here are the corporations providing and grading the tests. To a large extent it is a sham. More importantly, IRL science is not a multiple choice test. As you state above, whether you work in industry or academia, your value is what you can produce (usually by plain hard work), what problems you can solve, your imagination, creativity, what you can create yourself or with a group. But from what I've seen thus far: AI has little place in education.