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
Virality and network effects drive organic growth.
The best consumer companies incorporate both virality and network effect, which are different concepts but very closely related, in order to grow their user base organically. Virality is the idea that one user using your product introduces it to other us…
Relative adverbs | The parts of speech | Grammar | Khan Academy
Hey Grians! Today we’re going to talk about three of the relative adverbs in English, which are where, when, and why. And this over here is Peggy the Dragon. We’re going to use the story of Peggy the Dragon in order to figure out how to use these relative…
How to Plant 20 MILLION TREES - Smarter Every Day 227 #TeamTrees
Hey, it’s me, Destin. Welcome back to Smarter Every Day. There’s a really cool thing happening on the internet right now and we want you to be a part. It’s called Team Trees, and the goal is simple: 20 million trees by 2020, and we actually have a mechani…
5 Habits Of The Sigma Male
I’m sure that you have heard of the alpha and beta males at some point in your life. In popular culture, these terms, based on the alphabet, are used to describe male personality types. An alpha male can be considered the man at the top of the dominance h…
Worked example: Calculating solubility from Kₛₚ | Equilibrium | AP Chemistry | Khan Academy
[Instructor] Let’s calculate the molar solubility of calcium fluoride if the Ksp value for calcium fluoride is 3.9 times 10 to the negative 11th at 25 degrees Celsius. The first step is to write the dissolution equation for calcium fluoride. So, solid c…
Exploring scale copies
We are told drag the sliders, and then they say which slider creates a scale copy of the shape, or which slider creates scale copies of the shape. So, let’s just see, explore this a little bit. Okay, that’s pretty neat! These sliders seem to change the s…