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
Warren Buffett: The SIMPLE way to generate a 30% return per year
Warren Buffett is universally regarded as the greatest ambassador of all time. In fact, he started his professional investing career at just 25 years old when he formed his investment fund. He put just $100 into that investment fund and has parlayed that …
Predicting the Apocalypse? | The Story of God
But is it possible to predict the end? A few years back, many people thought they had. According to popular legend, the ancient Maya thought the apocalypse would arrive on a specific date: December 21st, 2012. I want to know if this is really true, so I’v…
The Billion Ant Mega Colony and the Biggest War on Earth
In nearly every corner of the earth, ants wage war against each other. Their weapons are what nature gave them. Some have strong armor, deathly stingers, or sharp mandibles. And then there’s this tiny and not very impressive ant, but it rules the biggest …
How to become a strong negotiator!
Best place to learn your negotiating skills is with your boyfriend, girlfriend, husband, wife, your kids, your parents. That’s the place you fight like hell, and then you make up right after that. But at least, hopefully, you’ve learned something about it…
Multiplying and dividing by 10, 100, 1000
[Instructor] In this video, we’re gonna think about what happens when we multiply or divide by 10, 100, or 1,000. Let’s just start with an example. Let’s say we wanna figure out what 237 times 10 is. Pause this video and see if you can have a go at it. …
A Serious Warning To All Investors
What’s up guys, it’s Grahe here. So I had another video that was scheduled to post today, but given the rather abrupt and dramatic selloff throughout everything, including the official start of an S&P 500 bear market, I felt like it would be more appr…