I’m used to seeing articles about AI being used for either highly scientific uses or for generating semi-entertaining nonsense. For a personal business involving managing appointments, documenting meetings, tracking payments etc, can AI help with any of that? Other things include undertaking CPD training, occasional advertising as well as maintaining a website from time-to-time.
The people I know who don’t think AI has any use for them belong in this category and work in the area of mental health, yoga teaching / training, nursing and massage therapy.
Honestly, I don’t think it can in any meaningful way.
LLM are regurgitation machines prone to hallucination. Other tools exist for business management which are more suited for a sole trader.
Thank you. That doesn’t surprise me, but with all the hype I wondered if I was missing something.
AI right now is in that phase where we find out how to improve it and where to use it. It will be useful somewhere in the next 5 years, but not now. And I don’t even know if it will ever be useful in finance. We’ll see. Now is not the time.
The only reason to use it rn is if you’re a scientist or an enthusiast. You are neither I’d assume.
My company uses an LLM to summarize a report. Basically give it all the data and tell it what normal looks like so it can write stuff like “26,000 users this month, a minor decrease from last month. This is not an issue as it is within normal bounds.”
I don’t see the point, but management felt we had to put AI in SOMETHING so other companies don’t have a marketing advantage.
We’ve been working on anomaly detection for a while with Machine Learning, which is really more impressive but much harder.
Stay as far away from it as possible. Let your competitors waste their time/money/effort buying into scams. When the bubble pops, you won’t have lost your shirt the way those of your compeditors who did fall for it did.
The only way I’ve seen it used is to write slop articles that are highly SEOed to drive traffic to a website.
You can use speech to text to transcribe meetings then have an LLM generate summaries. You can make an automated tagging system with the transcription or summaries as well.
I wouldn’t have it manage appointments, just in case of errors. I don’t know for cpd, not really sure what that entails. For advertising, image generation can be a real boon but it still requires someone with some advertising and photo editing knowledge to get good results.
It really depends on the specific task, it can fail monumentally for certain things but can be a real time and cost saver for others. It’s important to review what it does as well and test it thoroughly.
You can use LLMs to, well, do what they’re designed to do - generate text. Need to write a marketing text? Summersie a meeting or make a summery more readable? Rewrite an “about” page to incorporate something new? Just be sure to read through the generated text and make sure it’s correct.
