Bloomberg Talks IBM CEO Arvind Krishna Talks AI
May 6, 2025
Arvind Krishna, IBM's Chairman and CEO, is at the forefront of AI, hybrid cloud, and quantum computing. He discusses the rapid advancements in AI, predicting a wave of one billion new applications. Krishna highlights the challenges CEOs face in transitioning from AI experimentation to achieving real business value and the importance of integrated deployment environments. He also delves into the role of technology in modernizing government contracts and improving air traffic control, while emphasizing the need for ongoing innovation in the private sector.
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Massive Growth of Agentic AI Apps
- IBM expects a billion new AI-powered apps, with over a third being agentic AI in three years.
- The focus is on helping customers integrate their data and leverage AI to improve enterprise productivity.
Scaling AI Projects Key to Success
- Only about 25% of AI projects currently deliver strong business value.
- Scaling and integrating AI beyond experiments is key to increasing successful outcomes to 50-75%.
Tech Investment Amid Uncertainty
- CEOs remain motivated to invest in technology for short- to medium-term returns despite uncertainty.
- Technology enables scaling business efficiently without adding excessive physical costs.