yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

RFS: LLMs for manual back office processes in legacy enterprises


less than 1m read
·Nov 3, 2024

One thing I'd love to see more startups working on is the use of LLMs to automate complex back office processes in large enterprises.

So, for example, in a bank, you might have a customer service team answering loads and loads of queries from customers. People are already working on automating that, but what lots of people don't realize is that then there's a compliance team that's spot checking one in a hundred of these conversations to make sure that things like complaints are handled appropriately or that financial advice isn't given if the agent isn't qualified.

That's done by a massive team of people who are going through reams and reams and reams of text, and it's a really good task for an LLM. So, if you've got expertise or experience in things like retail banking or insurance or healthcare billing, I think those are great areas to go and look for large teams of people doing repetitive, fairly complex work.

I wish more people would work on something like that. So, if you're building something in this space, you should consider applying to Y Combinator.

More Articles

View All
Example: Analyzing distribution of sum of two normally distributed random variables | Khan Academy
Shinji commutes to work, and he worries about running out of fuel. The amount of fuel he uses follows a normal distribution for each part of his commute, but the amount of fuel he uses on the way home varies more. The amounts of fuel he uses for each part…
Can Stoics Be Activists? | Q&A #5 | July 2019
Hello everyone! Welcome to the fifth Einzelgänger Q&A. Before the weekend, I reached the 50,000 subscriber mark on this channel. When I started back in January, I’d never had expected that this channel would reach this magic number so quickly or, at a…
What 300 DIRTY JOBS Taught Mike Rowe About TRUE SUCCESS | Kevin O'Leary
If I were in a seat, I’d be on the edge of it. All right, here we go. [Music] You are watching yet another episode of Mr. Wonderful. I’m not him; I’m just a guest. I might grow your questions; we answer them. It’s gonna be great. Hi, my name is Monty. I’…
This is how much YouTube paid me for my 1,000,000 viewed video...
Ah, YouTube! The place where dreams are made and crushed. The place where your monthly income is essentially left up to the gods and whatever the YouTube gods deem you are worthy of for that month. Well, you just have to live with that. But seriously, You…
How Billionaires Foolproof Their Wealth
Most people think that making money is hard, but that’s false. Making money is actually relatively easy. The hard part is keeping and transferring wealth across generations. This is what most people have a lot of trouble with, so let’s fix that by learnin…
Black Market Demand for 'Red Ivory' Is Dooming This Rare Bird | Short Film Showcase
In the pristine rainforests of Borneo, there’s a hidden battle between groups of poachers and wildlife photographers. They both share the same mission: finding the helmeted hornbill, an iconic bird pushed to the very brink of extinction due to poaching. […