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
IF YOU Want To Make A MILLION DOLLARS - WATCH THIS!|Kevin O'Leary
First of all, you know, I guess I should apologize. I haven’t been back on the tube in weeks because I’ve been crazy busy shooting season 12 of Shark Tank in itself, which is an extraordinary feat. I gotta do a big shout out to the cast and crew on this b…
Why Jet Boats are AWESOME (U.S. Coast Guard's Workhorse) - Smarter Every Day 272
Hey. What’s up? I’m Destin. Welcome back to Smarter Every Day. We are right in the middle of a Deep Dive series into the US Coast Guard and all the crazy stuff they do because it’s impressive. Like we’ve already looked at how they respond to distress sign…
This Just Ruined Robinhood...
What do the guys? It’s Graham here, so let’s go ahead and spill some drama, or the T, as they say on YouTube, with some of the recent changes that have been going on with Charles Schwab, Robin Hood, TD Ameritrade, and some of the other brokerages that are…
Alaska Gives, Alaska Takes (Clips) | Alaska: The Next Generation
Woo, good shot, Sonta! Going down. That was distance right there. Thanks. Was that your last shot you hit it on? Second. Second, huh? Yeah. That was out there. That was a good reach. I felt like that was going to happen. I wasn’t quite sure and then. Oh,…
Phenotype plasticity | Heredity | AP Biology | Khan Academy
The folks you see in this picture are two NASA astronauts who also happen to be identical twins. On the left here, this is Mark Kelly; you can see his name on his patch right over there. And then this is Scott Kelly. The reason why we want to look at the…
How to Lucid Dream
Imagine you’re flying, feeling the cold air on your skin, flooded by light. You look down and see a sandy beach peppered with palm trees, and you decide to go there. Suddenly, you’re on the beach, drinking a piña colada, but you’re alone. Wouldn’t it be n…