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
What Is Love? | A Philosophical Exploration
Love is all you need. But what is it exactly? The contemporary concept of love revolves around the experience of blissful infatuation with another person. In most cases, it’s a bond between two people that includes physical attraction. The way we practic…
Will Markets Crash if Harris Wins?
It would be bad for the market. So Harris wins, right? Well, it depends what happens between now and election. If she came out tomorrow morning, or even this afternoon, after the FED decision, and said, “Here’s my 10-point plan,” specifically around taxes…
Inside Kevin O'Leary's Crypto Portfolio | Cointelegraph
There’s a lot of interest in the UAE because it’s a very pro-business jurisdiction. They’re very interested in innovation, not just in crypto but in all fields. For example, they have the most advanced DNA sequencing lab in the world. I was able to visit …
Doing these things might feel good, but they won’t derisk your startup.
You could be in that bottomless pit for years and be a startup founder that’s never built a product and has never gotten a single customer because you just cycled in and out of various forms of startup mentorship. The collecting of mentors, advisors—oh, …
Geometric series as a function | Infinite sequences and series | AP Calculus BC | Khan Academy
So we have this function that’s equal to two minus eight x squared plus 32 x to the fourth minus 128 x to the sixth, and just keeps going and going. So it’s defined as an infinite series, and what I want to explore in this video is: is there another way t…
2015 AP Chemistry free response 3b | Chemistry | Khan Academy
A total of 29.95 milliliters of 1.25 molar hydrochloric acid is required to reach the equivalence point. Calculate the concentration of potassium sorbate when you put the brackets; they’re talking about concentration in the stock solution. So, let’s just…