"PDF to Text" is a bit simplified IMO. There's actually a few class of problems within this category:
1. reliable OCR from documents (to index for search, feed into a vector DB, etc)
2. structured data extraction (pull out targeted values)
3. end-to-end document pipelines (e.g. automate mortgage applications)
Marginalia needs to solve problem #1 (OCR), which is luckily getting commoditized by the day thanks to models like Gemini Flash. I've now seen multiple companies replace their OCR pipelines with Flash for a fraction of the cost of previous solutions, it's really quite remarkable.
Problems #2 and #3 are much more tricky. There's still a large gap for businesses in going from raw OCR outputs —> document pipelines deployed in prod for mission-critical use cases. LLMs and VLMs aren't magic, and anyone who goes in expecting 100% automation is in for a surprise.
You still need to build and label datasets, orchestrate pipelines (classify -> split -> extract), detect uncertainty and correct with human-in-the-loop, fine-tune, and a lot more. You can certainly get close to full automation over time, but it's going to take time and effort. The future is definitely moving in this direction though.
Disclaimer: I started a LLM doc processing company to help companies solve problems in this space (https://extend.ai)
1. reliable OCR from documents (to index for search, feed into a vector DB, etc)
2. structured data extraction (pull out targeted values)
3. end-to-end document pipelines (e.g. automate mortgage applications)
Marginalia needs to solve problem #1 (OCR), which is luckily getting commoditized by the day thanks to models like Gemini Flash. I've now seen multiple companies replace their OCR pipelines with Flash for a fraction of the cost of previous solutions, it's really quite remarkable.
Problems #2 and #3 are much more tricky. There's still a large gap for businesses in going from raw OCR outputs —> document pipelines deployed in prod for mission-critical use cases. LLMs and VLMs aren't magic, and anyone who goes in expecting 100% automation is in for a surprise.
You still need to build and label datasets, orchestrate pipelines (classify -> split -> extract), detect uncertainty and correct with human-in-the-loop, fine-tune, and a lot more. You can certainly get close to full automation over time, but it's going to take time and effort. The future is definitely moving in this direction though.
Disclaimer: I started a LLM doc processing company to help companies solve problems in this space (https://extend.ai)