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
People Don't See It - Anthony Hopkins On The Illusion Of Life
I had one moment when I decided to change my life. When I was a little boy, I dreamed of where I am now, and I remember saying to my father, “One day I’ll show you.” Certain moments in our life, we get little signals, little flashes. I may have had a visi…
Torque and kinematics conceptual example
We are told a student hangs blocks with different masses from a pulley of mass m and radius r and releases them from rest. The student measures the time of the fall t and the magnitude of the angular velocity omega sub f when the block reaches a distance …
Functions of money | Financial sector | AP Macroeconomics | Khan Academy
Hello everyone, Grant here. So I’d like to talk to you today about the various functions of money. Functions of money now. Money, of course, is something that we all use every day, and we kind of have a general feel for what it is. But it’s interesting t…
You need to talk to your users. #entrepreneur #startup #tech
Most people in the world have the idea on how new startups are formed completely wrong. They think ideas of new products are something the fantasies come up with on a lazy Sunday or a late night coding session. You probably know it doesn’t work this way. …
Weaving Tradition: How Tweed Keeps a Community’s Heritage Alive | Short Film Showcase
[Music] I’m Rebecca Hutton, and I’m a single Harris Tweed Weaver. My granny used to weave back in the day, and my great granny. Everybody used to weave; there was a weaving tradition at practically every household when I was growing up. The Harris Tweed …
Business cycles and the production possibilities curve | APⓇ Macroeconomics | Khan Academy
What we have here are two different visualizations of a country’s output at different points in time. You might recognize that here on the left, we have a production possibilities curve for this country. It’s a very simple country that either produces for…