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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.
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.
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.