This podcast dives into the complexities and solutions surrounding the use of Large Language Models (LLMs) in enterprise-level conversational AI, particularly for customer support chatbots. It outlines the journey from rule-based systems to LLM-driven models, reflecting on the initial excitement and the eventual understanding that a hybrid approach is necessary. Alan Nichol, co-founder of Rasa, emphasizes the value of leveraging LLMs for natural language understanding while sticking to reliable, traditional methods for task execution and state management. This is crucial for avoiding issues like hallucinations. A significant takeaway is the "COM" (Conversational AI with Language Models) approach, which emphasizes a structured and testable framework where LLMs enhance—not solely dictate—the conversation. This strategy allows for a gradual integration of LLMs, starting with preset responses and expanding into more generative features as confidence builds.