The question of replacement of our jobs by intelligent machines is a trending topic today. People are absolutely afraid that automation will alter the majority of workers. Artificial intelligence (AI) is also known as Machine Intelligence. It has become a part of human life, hence most of our daily activities are influenced by AI. The purpose of Artificial Intelligence is to keep us free from ordinary repetitive tasks and give us more time to grow our intellects and business, with more interesting, evolving actions.

Switzerland's largest bank is expanding a site in Ticino to specialize in artificial intelligence. The move will create 80 new jobs in southern Switzerland. The University of Lugano IDSIA institute has advanced to a recognized research center for machine learning and artificial intelligence. Now, Zurich-based UBS is linking up with the institute, news agency «AWP» (behind paywall, in German) reported on Wednesday. The bank plans to expand a site in Manno, southern Switzerland, into a center for artificial intelligence, analytics and innovation.

Switzerland's largest bank is expanding a site in Ticino to specialize in artificial intelligence. The move will create 80 new jobs in southern Switzerland. The University of Lugano IDSIA institute has advanced to a recognized research center for machine learning and artificial intelligence.