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$IBM down over 10% after Anthropic launches an AI tool that converts old COBOL code to modern languages.

AI code translation directly competes with IBM's legacy modernization consulting.

>$IBM down over 10% after Anthropic launches an AI tool that converts old COBOL code to modern languages. > AI code translation directly competes with IBM's legacy modernization consulting.
[–] 1 pt

Investors don't know shit about Cobol or what it takes to convert a legacy system into something current. They can't understand it but still make financial moves based on what little they know about technology. This is not a sign of realistic possibilities. This is a sign that jews are redistributing wealth through fear and panic. Cobol isn't going anywhere. AI is all just (((smoke and mirrors))). Don't fall for jew tricks.