Discussion

• @jgarzik Jeff Garzik on x

  Claude Code can easily rewrite COBOL into new, modern langauges. This has been true for months. I guess it's the announcement, not the capability, that moves markets...

• @lisaabramowicz1 Lisa Abramowicz on x

  There's an increasingly dystopian tone to commentary on AI. Fed Gov Waller today: “The thing with AI is it's coming at us so fast....that it's easy to start seeing jobs that may go away before you see the new jobs that are going to be created.”

• @chadwahl Chad Wahlquist on x

  This is going to be fun disrupting a few things 💥 [image]

• @kobeissiletter @kobeissiletter on x

  BREAKING: IBM stock, $IBM, falls over -10% after Anthropic announces that Claude can streamline COBOL code. It's becoming increasingly clear how pivotal the times we are in right now truly are. [image]

• @beffjezos @beffjezos on x

  Innovate or get disrupted. Any sort of moat from inertia will get disrupted by AI

• @stocksavvyshay Shay Boloor on x

  $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. [image]

• @amitisinvesting Amit on x

  ANTHROPIC ANNOUNCES THAT CLAUDE CAN STREAMLINE COBOL CODE Common Business-Oriented Language is a programming language created for business data processing. $IBM is intertwined with COBOL as the company was a key contributor years ago. well, -10% now this is becoming comical [imag…

• @zerohedge @zerohedge on x

  IBM down 26% from its all time high 3 weeks ago and down on the past year.

• @zerohedge @zerohedge on x

  *ANTHROPIC SAYS CLAUDE CODE CAN AUTOMATE COBOL MODERNIZATION And there goes IBM Amodei is now funding Anthropic by buying puts on all the companies he “disrupts” daily

• r/StockMarket r on reddit

  IBM is the latest AI casualty.  Shares are tanking 11% on Anthropic programming language threat

• @alexjamesfitz.com Alex Fitzpatrick on bluesky

  COBOL headlines in the year of our lord twenty-twentysix.  Wild! www.cnbc.com/2026/02/23/i...

• @thezvi Zvi Mowshowitz on x

  I don't get it. Did you think Claude couldn't do that? Is this NEWS to anyone? Is the EMH that false?

• @patrickmoorhead Patrick Moorhead on x

  What a dumb sell-off. $IBM is investing in its own code conversion to modernize its customers already. Has been for years. IBM makes more money if COBOL goes away. https://www.cnbc.com/...

• @seldo.com Laurie Voss on bluesky

  The new rule is that if your product is mentioned in any context involving AI models your stock immediately falls a minimum of 10% whether or not it makes any sense.  [embedded post]