Home

Anthropic's new AI tool can write 67-year-old COBOL code, sending 115-year-old IBM's stock tumbling by 13% — IBM stock has worst day in 26 years, down 25% MoM and counting

$$3934
https://piefed.social/u/Rekall_Incorporated posted on Feb 25, 2026 04:33

Ancient language is still the bread-and-butter of mainframe systems

https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto
Reply
$$3940
https://lemmy.inbutts.lol/u/shnizmuffin posted on Feb 25, 2026 04:48
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

Listen. I escaped learning COBOL by being born in the 1980s. However, since I’m so fucking old now, I understand that you DO NOT FIRE THE WIZARD. The Wizard, the one who knows the incantations because they were there when the spells were written? Irreplaceable. Don’t fuck with them. Pay them whatever they demand and do not ask questions.

If you want to depreciate the Wizard, you cannot use their spells. You must create your own, and you better do it in a language that people under 40 can comprehend. And they have to be as bulletproof as the Wizard’s spells. Good luck getting an LLM to do that. Good luck getting a human to do that.

https://lemmy.inbutts.lol/comment/1450177
Reply
$$3951
https://lemmy.world/u/worhui posted on Feb 25, 2026 05:02
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

The kind of code that is still in cobol is so mission critical that it hasn’t been able to be rewritten by middling managers that want to make a name for themselves. It’s the kind of code ai is least qualified to write.

https://lemmy.world/comment/22333956
Reply
$$3966
https://lemmy.dbzer0.com/u/otter posted on Feb 25, 2026 05:30
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

If anyone legitimately thinks that this LLM was funded to write successfully in that language instead of just enough to affect the stocks, etc., they’re simply not paying attention.

https://lemmy.dbzer0.com/comment/24614750
Reply
$$3972
https://lemmy.world/u/Madrigal posted on Feb 25, 2026 05:41
In reply to: https://lemmy.inbutts.lol/comment/1450177

Warhammer 40K’s concept of Tech-priests is pretty close to the mark.

https://lemmy.world/comment/22334247
Reply
$$3980
https://fedia.io/u/tiredofsametab posted on Feb 25, 2026 05:47
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

The buried lede is that it can apparently time travel to write code 67 years in the past /s

(as with others, I don’t see this being trusted by anyone sane… so watch the world burn it shall be)

https://fedia.io/m/technology@piefed.social/t/3502803/-/comment/14185151
Reply
$$3994
https://fedia.io/u/rem26_art posted on Feb 25, 2026 06:00
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

Anthropic has announced COBOL-specific functionality for its Claude AI bot, and IBM’s investors responded with a resounding 13% drop in stock prices.

IBM’s investors really have no clue what COBOL is or why it’s still in relevant, do they?

https://fedia.io/m/technology@piefed.social/t/3502803/-/comment/14185236
Reply
$$3997
https://lemmy.ca/u/Shadow posted on Feb 25, 2026 06:09
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

Anthropic is gonna fund themselves by shorting stocks and then announcing their AI now does something that company does.

https://lemmy.ca/comment/21889842
Reply
$$4000
https://piefed.social/u/nunesgh posted on Feb 25, 2026 06:18
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

This is American capitalism killing American capitalism in real-time, the dumbest possible way.

https://piefed.social/comment/10283709
Reply
$$4002
https://aussie.zone/u/NigelFrobisher posted on Feb 25, 2026 06:20
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

How did they send it back in time 67 years?

https://aussie.zone/comment/21610423
Reply
$$4004
https://piefed.social/u/Peereboominc posted on Feb 25, 2026 06:25
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

Weird that this let’s the stock drop since IBM has its own AI that can convert COBOL to Java(?).

And while the drop is big, also look at the price last year. It is around the same price as it was in August 2025.

https://piefed.social/comment/10283749
Reply
$$4010
https://discuss.online/u/xep posted on Feb 25, 2026 06:32
In reply to: https://lemmy.inbutts.lol/comment/1450177

It’s not hard to learn COBOL. However, the intricacies of the system that The Wizard maintains is another matter altogether.

https://discuss.online/comment/21119603
Reply
$$4012
https://piefed.social/u/XLE posted on Feb 25, 2026 06:35
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

An AI company makes a wild promise, stocks go nuts, we find out the company was misleading us… Repeat ad nauseum.

https://piefed.social/comment/10283837
Reply
$$4014
https://piefed.social/u/PabloSexcrowbar posted on Feb 25, 2026 06:40
In reply to: https://fedia.io/m/technology@piefed.social/t/3502803/-/comment/14185236

Yeah all I’m hearing is “IBM stock goes on sale”

https://piefed.social/comment/10283890
Reply
$$4029
https://lemmy.zip/u/gressen posted on Feb 25, 2026 07:38
In reply to: https://discuss.online/comment/21119603

I would argue that learning those intricaties is a part of learning the language. Otherwise you just know the syntax, somewhat like a LLM.

https://lemmy.zip/comment/24867599
Reply
$$4031
https://piefed.social/u/CTDummy posted on Feb 25, 2026 07:50
In reply to: https://fedia.io/m/technology@piefed.social/t/3502803/-/comment/14185236

Yeah give me an hour or two with the documentation and I could write COBOL, look out IBM stocks! Will it be elegant or even coherent COBOL? No. Will it at least not contain heaps of in-built time bombs in the form of bugs and security flaws? Also no, but I could write it. As the other commenter said, fuck with the COBOL wizards at your own peril.

https://piefed.social/comment/10284447
Reply
$$4036
https://lemmy.zip/u/ruuster13 posted on Feb 25, 2026 08:40
In reply to: https://piefed.social/c/technology/p/1814235/anthropic-s-new-ai-tool-can-write-67-year-old-cobol-code-sending-115-year-old-ibm-s-sto

Haven’t we figured out quantum computing? Surely lithography machines can now be liquidated.

https://lemmy.zip/comment/24868285
Reply