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
Mayans and Teotihuacan | World History | Khan Academy
The Mayan civilization is one of the most long-lasting civilizations, not just in the ancient Americas, but in the world in general. You can see the rough outline here on this map of where the Mayan civilization occurred. You can see it has the Yucatan Pe…
For One Flint, Michigan School - This is the Last Dance | National Geographic
Good morning, second students! Today is Friday, calm day in Wildcat country, and these are your morning announcements. [Music] * Describe it. It’s like magical, like the Grammys. Words I get butterflies in my stomach. So, fashion show, a competition—i…
Ponzi: The Financial Idiot Who Scammed the World
There was a time when the financial world marveled at the genius of Charles Ponzi, the man who was in charge of one of the most successful business investments in America. He had millions of dollars at his disposal and crowds of people lining up literally…
shower thoughts that make me question reality..
What if your entire life is flashing in front of your eyes, but you’re already dead? If you’re not dead but alive, everything is trying to kill you constantly. Your stomach is constantly trying to kill you; feeding it makes it stop. You need to drink as w…
Example constructing and interpreting a confidence interval for p | AP Statistics | Khan Academy
We’re told Della has over 500 songs on her mobile phone, and she wants to estimate what proportion of the songs are by a female artist. She takes a simple random sample—that’s what SRS stands for—of 50 songs on her phone and finds that 20 of the songs sam…
ChatGPT Asked: What is the Most Important Principle for Investing
I was asked a question from chat GPT. Interesting, so I’ll tell you. Although I suspect you probably can get an equally good answer from chat GPT, the most important principle is about what I call the Holy Grail of investing. And that’s about diversifica…