Managing Operational Risk: Proven Strategies & Best Practices
Jun 30, 2025 in Industry Overview
Learn effective methods for managing operational risk. Discover key frameworks, controls, and culture tips to protect your business today.
Not a member? Sign up now
Revolutionizing Industry. Learn where you can use Large Language Models
Paulo Maia on May 25, 2023
Large Language Models (LLMs) are THE hot topic of the year. If the name Large Language Models sounds unfamiliar to you, I’m pretty sure you’ve heard of ChatGPT, OpenAI, and Bard. People who don’t know how to code have gained access to a tool that allows them to build Proof of Concepts for ideas they’ve been meaning to test for years but haven’t had the capacity to do so.
In this blog post, you will learn about typical use cases of LLMs in the industry – and what you need to be careful about when using them.
NOTE: A human entirely wrote this blogpost – yes, humans writing content is still a thing! If you like this human’s ideas, book a meeting!
Book a meeting with Rafael Cavalheiro
Do you want to further discuss this idea?
Using Large Language Models to speed up writing blog posts, sales pitches, and ads is a widespread use case where these models excel. You can feed the tone of your content or specific keywords you want to mention in the generated text – and you’ll be left with a canvas that you can edit to your liking, saving you hours of work.
Risks:
Learning resources:
In a world of increasing regulations in AI, generative technologies can be used to create data for faster proof of concepts, avoiding training models from scratch (model cold start).
Picture this: you are managing the customer service department and can train a model for text classification without using any personal user data, by generating various categories of complaints with LLMs!
Risks:
Resources:
Being able to answer questions based on a knowledge base saves tons of time when onboarding a team member or when you’re trying to search for information in multiple unstructured documents.
Risks:
Resources:
If you’re a coder – most likely you’ve used LLMs to get you unstuck on a piece of code or to learn a new language. This is a good complement to checking Stack Overflow for someone that might have had the same issue as you – but in this case, you won’t be left without a reply!
Be on the lookout for the code you submit here – a recent article has stated that Samsung workers accidentally leaked trade secrets via ChatGPT!
Risks:
Resources:
Large Language Models are here to stay. Every week, there’s improvements and new tools built on top of LLMs – but we are just now starting to understand how to build products based on it.
Besides the obvious risks – we can’t forget about the extra dependency you’re creating for your business on OpenAI’s technologies. Any legal change (see Italy’s ban on ChatGPT) can completely break your business if you create a 100% dependency. Diversification of the used technologies is always good for mitigating risk. You should consider open-source alternatives for LLMs, if needed!
If you’re interested in using this new technology in your business, contact us!
Book a meeting with Rafael Cavalheiro
Do you want to further discuss this idea?
Like this story?
Special offers, latest news and quality content in your inbox.
Jun 30, 2025 in Industry Overview
Learn effective methods for managing operational risk. Discover key frameworks, controls, and culture tips to protect your business today.
Jun 30, 2025 in Industry Overview
Learn how bottleneck analysis can help you find and resolve constraints efficiently. Discover tips for effective bottleneck analysis today!
Jun 5, 2025 in Industry Overview
Master quality control automation with proven strategies that drive real results. Discover practical insights from industry leaders.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |