IBM CEO: Fears about AI bubble are overblown

IBM shares holding relatively steady in a downbeat week for the tech sector. But on Tuesday, the company did announce plans to lay off a small percentage of its workforce, which could total thousands of jobs. Joining a slew of other companies in the last month, slimming down on labor right now.Joining me here in a CNBC exclusive interview from the city TMT conference, IBM CEO and chair Arvin Krishna. It's great to see you, >> Sarah. Always great to be here with you and CNBC in this wonderful lookout.It it i ...