Statement
Using LLMs Instead of Government Consulting
- Government spending efficiency is expected to improve over the next two years due to political pressure to eliminate wasteful consulting expenditures.
- Future government operations are projected to increasingly rely on software, potentially replacing or supplementing the current custom-built solutions provided by firms like Deloitte and Accenture.
- Current Large Language Model (LLM) technology is assessed as capable of executing a significant portion of the tasks currently performed by government consulting firms.
- Despite the potential for automation, there is a conviction that government consulting firms retain substantial work, with plans to fund startups developing LLM software to handle these remaining tasks.
- Funding will be directed toward startups designed to assist other startups in securing FedRAMP approval for government sales.
- Capital will also support companies aiming to reduce regulatory burdens and utilize LLMs to verify the legality of new laws and policies.