Change all Jobs? Change is Hard and Risky
by Brian Wang from NextBigFuture.com on (#73XBV)
IBM losing 13% because Anthropic did some initial COBOL analysis is absurd. It was also an absurd part of the $1 trillion stock losses from the boogeyman story about AI job losses. 1. IBM only makes a tiny fraction from the COBOL business 2. BS the banks etc... will change the cobol running the ATMs ...