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
Ideal circuit elements | Circuit analysis | Electrical engineering | Khan Academy
We’re now ready to start the study of circuit analysis and to design circuits and analyze circuits. One of the things we need to do is have something to build circuits with, and that’s what we’re going to talk about in this video. The idea is we’re going …
How the algorithm controls your life
One thing that I’m really starting to notice is that it’s becoming extremely difficult not to spend all of our time on social media, on the internet, and all of that during these times of isolation. As if it wasn’t already a huge problem. And it kind of m…
Japanese Imperialism | World History | Khan Academy
What we’re going to discuss in this video is the evolution of Japan from being one of the most isolated countries in the world during the Tokugawa Shogunate to being the first Asian country to truly industrialize and become a world power. Historians will …
Genius: Aretha Chain of Fools Trailer | National Geographic
[Applause] [Music] I’m writing a new song. It’s gonna hit you hard. I thought you were my man. It’ll get under your skin, right down to the ball. It’s gonna be a whole new vibe that brings people together. I’m just unlinking your chains. Well, you only go…
How I find private jet clients.
This is the interior of our Airbus 319. Wow, it’s an airplane! I built the airplane, which is the same airplane that EasyJet buys around. Of course, we’re seating 12 people in there, seating 212 people. You do meet things in there. So, what we do sometim…
Why I don't spend money.
What’s up you guys? It’s Graham here. So, for those of you that have watched the channel for a while, or for those of you that know me in person, you know that I’m pretty frugal. Honestly, that might even be pretty generous to say—how about extremely thri…