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
Formal and informal powers of the US president | US government and civics | Khan Academy
What we’re going to do in this video is talk about the powers of the President of the United States, and we’re going to broadly divide them into two categories. Formal powers are those that are explicitly listed in the United States Constitution, and we’…
What Is The Resolution Of The Eye?
Hey, Vsauce. Michael here. I am at the White House, in America’s capital, Washington, D.C. America makes a lot of feature films every year - Hollywood. But they don’t make the most feature films every year. Nigeria makes more. But the country that makes t…
Why Do Cameras Do This? | Rolling Shutter Explained - Smarter Every Day 172
What’s up? I’m Destin. This is Smarter Every Day. Get your phone out. You see that little camera assembly there? Let’s take it out of the phone. Yep. That’s what it looks like. So here’s what we’re going to do. The first thing we’re going to do is pop th…
Re: Leap Years, 2012 & The Mayan Calendar
Hello, Internet. A lot of you sent me this image making the rounds which concerns the Mayan prediction that the world will end on December 21, 2012. The claim is that the Mayan calendar short counted the years because they forgot about leap days, so the w…
Flora, Fauna, Funga | Documentary | National Geographic Society
(Tranquil music) (Birds chirping) - [Giuliana] Without fungi, no plant could live outside of water. Without fungi, nothing would decompose. (Tranquil music continues) (Birds chirping) Most of the fluxes of nutrients on our planet would not exist. Basicall…
Do This To Get INCREASINGLY SMARTER
In a world that constantly raises the bar and places ever-increasing demands on our abilities, intelligence is a valuable asset that can set us apart. Fortunately, the path to becoming smarter isn’t too complicated. It’s a skill that can be cultivated and…