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
Hated, Ignored, Rejected & Happy: A Video for Outcasts (based on Black Mirror’s ‘Nosedive’)
Do we need a good reputation to be happy? The Black Mirror episode ‘Nosedive’ takes place in a futuristic world in which reputation is the main currency. The story revolves around a young woman named Lacie who desperately wants to raise her social credibi…
Sample size for a given margin of error for a mean | AP Statistics | Khan Academy
Nadia wants to create a confidence interval to estimate the mean driving range for her company’s new electric vehicle. She wants the margin of error to be no more than 10 kilometers at a 90 percent level of confidence. A pilot study suggests that the driv…
Behind the Scenes at YouTube - Smarter Every Day 64
Kiss. Have a kiss, Mommy. All right, bye everybody. Love you too! Hey, it’s me, Destin. Welcome back to Smarter Every Day. I’m at YouTube headquarters here in San Bruno, California, and we’re going to learn about two things today. First, last week’s vi…
Technology on a Cruise Ship | Making the Disney Wish | Mini Episode 5
We’re delivering these experiences that have so much technology and technical things that go into it, but the guests will never notice. They’re just going to have this amazing experience with AquaMouse. We bring the wonderful world of Mickey Mouse and all…
How has the position of Speaker changed over time? | US Government and Civics | Khan Academy
How is the position of Speaker of the House changed over time? The position of Speaker of the House has changed a lot over time, and it has had powerful early advocates. Henry Clay, an early Speaker of the House who had three different terms as Speaker, …
No Need To Worry About A Recession!
[Music] You’ve got inflation fears out there. That is one of just many worries weighing on the averages. But in times of high volatility, you got to start looking around. Where can investors go for opportunity? Let’s bring in Kevin O’Leary. Kevin, you ar…