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
Kapil Gupta: Conquering the Mind
What’s interesting about talking to you couple is that you’re not for everybody. In fact, it’s quite the opposite. The things you think about and the way you speak really only applies to a very small set of people. This discussion is going to be unique in…
Talking With Attenborough
[Music] Hey, Vau! Michael here. This is the song of the Kawaii oo bird. In 1987, this species of bird became extinct; there are no more. But before the last living one died, its song was recorded. Ed, this is that song. It is the song of an endling, the …
Pitch Practice with Paul Buchheit and Sam Altman at Startup School SV 2016
All right, so up next we’re going to do pitch practice. This is something that we invented by accident a couple of years ago. One of our speakers had to cancel at the last minute, so we just threw together this idea: let’s bring up some startups. This is …
Safari Live - Day 114 | National Geographic
And welcome to you from myself, Steve Falconbridge, joined by Fergus on camera. We are out in Toomer, in Sabi Sands, with degrees of 33 degrees Celsius and 89 degrees Fahrenheit. It is a nice warm day; the Sun is beating down. We have developed a bit of a…
Introduction to car buying | Car buying | Financial Literacy | Khan Academy
So, you’re looking to buy a car. So, I’ll at least tell you how I would approach buying a car. The first thing is thinking about what you can afford, and I would think about that before you even look at the types of cars you might want to buy. Because it …
The elements of a story | Reading | Khan Academy
Hello readers! I’m going to draw you a map right now, and it’s going to look like I’ve drawn a mountain. But it’s not a map of a mountain; it’s a map of a story. What you’re saying: how do you map a story? What makes a story pointy? These are great quest…