IBM chief says tech's outlook is strong despite economic slowdown

Krishna at Davos says industry growth to outpace that of global GDP by 2% to 4%

20230118 Davos IBM

Arvind Krishna, chairman and chief executive of IBM, said Wednesday he is "more optimistic than some of the economists" on the overall global economic outlook. (Photo by Akito Tanaka) 

AKITO TANAKA, Nikkei Asia chief business news correspondent

DAVOS, Switzerland -- IBM's chief gave an optimistic take on the outlook for the technology industry here on Wednesday at the annual meeting of the World Economic Forum in Davos, a view that is at odds with more pessimistic prevailing assessments of the global economy.

The tech industry will be 2% to 4% "faster growing than GDP," IBM Chairman and CEO Arvind Krishna said in a group interview, adding that he is "more optimistic than some of the economists" on the overall global economic outlook.

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