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
Mentoring New Photographers | Sea of Hope: America's Underwater Treasures
So, is lighting the whole secret down there? Yeah, I think one of the best things, um, to do underwater is to sort of meter for the background, the ambient, and then maybe underexpose that just a little bit. It kind of creates a nice, richly saturated bac…
Worked example: calculating ion charge | High school chemistry | Khan Academy
So we’re asked what is the charge of a calcium ion with 18 electrons. So pause this video and see if you can work that on your own. I will give you a little bit of a tip: a periodic table of elements might be useful to see where calcium sits on that perio…
Peter Lynch: How to Invest Like a Pro (Most Recent Interview)
Now when somebody reports earnings, it’s telecast all over the world. They have an investor presentation; they show a balance sheet. So information is much better. So theoretically, the individual’s edge has improved in the last 23 years versus the profes…
Voltage divider | Circuit analysis | Electrical engineering | Khan Academy
Now I’m going to show you a circuit that’s called a voltage divider. This is a name we give to a simple circuit of two series resistors. So I’m just going to draw two series resistors here, and it’s a nickname in the sense of it’s just a pattern that we s…
Billionaire Investor Bill Ackman's Secret 5-Step Investing Checklist
Go through that strategy and go through how it works. When you come, you know, maybe you’ll override that portfolio manager or not, but what’s the checklist you kind of go through? So we look for very high-quality businesses, what we describe as simple, …
Khan Academy Best Practices for Elementary School
Hey everyone, this is Jeremy Schieffling with Khan Academy. I’m so excited that you joined us today, not just because Khan Academy really wants to support you during this challenging time, but as a former kindergarten teacher, this session that’s dedicate…