Intelligent algorithms are changing the way we do business, whether it’s in tempting us to buy designer shoes, or leading multi-million pound investments.
We've all heard it. That little imaginary companion, sitting on your shoulder. "Go on," it says. "You deserve a treat. Buy it."
That "it" could be anything. Clothes, shoes, gadgets - we all have our vices. But what if that imaginary voice - which is, willpower permitting, under your control - one day became real?
DBS Bank calls it a "personal concierge", and it's best understood by picturing yourself in an expensive designer clothes shop.
Your smartphone knows where you are - thanks to the GPS location technology found in many apps these days - and it alerts your bank through an automated system that you've signed up to. As well as knowing you've got a history of buying from similar stores, your bank also knows that you're running a bit low on cash at the moment.