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

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

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  • tomshardware@mastodon.onlineT This user is from outside of this forum
    tomshardware@mastodon.onlineT This user is from outside of this forum
    tomshardware@mastodon.online
    wrote last edited by
    #1

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

    IBM stock takes a 13% whiplash after Anthropic announces COBOL AI tooling
    #hardware
    https://www.tomshardware.com/tech-industry/big-tech/ibm-stock-takes-a-13-percent-whiplash-after-anthropic-announces-an-ai-tool-for-writing-cobol-code-stock-has-worst-day-since-2000-and-is-down-25-percent-mom-and-counting

    kimota94@mas.toK jackie@social.linux.pizzaJ 2 Replies Last reply
    0
    • tomshardware@mastodon.onlineT tomshardware@mastodon.online

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

      IBM stock takes a 13% whiplash after Anthropic announces COBOL AI tooling
      #hardware
      https://www.tomshardware.com/tech-industry/big-tech/ibm-stock-takes-a-13-percent-whiplash-after-anthropic-announces-an-ai-tool-for-writing-cobol-code-stock-has-worst-day-since-2000-and-is-down-25-percent-mom-and-counting

      kimota94@mas.toK This user is from outside of this forum
      kimota94@mas.toK This user is from outside of this forum
      kimota94@mas.to
      wrote last edited by
      #2

      @tomshardware As a retired, 15-year COBOL programmer for a Canadian bank, I can virtually guarantee any use of AI to modify existing COBOL code in any significant way will lead to disastrous results. Online COBOL code (as opposed to batch or offline code that runs overnight and produces reports) is especially brittle and easily broken when handled by an “answer-guessing bot.”

      n_dimension@infosec.exchangeN numist@xoxo.zoneN 2 Replies Last reply
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      • kimota94@mas.toK kimota94@mas.to

        @tomshardware As a retired, 15-year COBOL programmer for a Canadian bank, I can virtually guarantee any use of AI to modify existing COBOL code in any significant way will lead to disastrous results. Online COBOL code (as opposed to batch or offline code that runs overnight and produces reports) is especially brittle and easily broken when handled by an “answer-guessing bot.”

        n_dimension@infosec.exchangeN This user is from outside of this forum
        n_dimension@infosec.exchangeN This user is from outside of this forum
        n_dimension@infosec.exchange
        wrote last edited by
        #3

        @Kimota94 @tomshardware

        I remember when I was learning #COBOL, back on the earthen floor in the monastery school for orphans. The old monk said "COBOL was designed so EXECUTIVES could read code".
        Since AI passed a corpo executive in capability in 1874 , I think we will be all right ! 😁

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        • kimota94@mas.toK kimota94@mas.to

          @tomshardware As a retired, 15-year COBOL programmer for a Canadian bank, I can virtually guarantee any use of AI to modify existing COBOL code in any significant way will lead to disastrous results. Online COBOL code (as opposed to batch or offline code that runs overnight and produces reports) is especially brittle and easily broken when handled by an “answer-guessing bot.”

          numist@xoxo.zoneN This user is from outside of this forum
          numist@xoxo.zoneN This user is from outside of this forum
          numist@xoxo.zone
          wrote last edited by
          #4

          @Kimota94 @tomshardware out of curiosity, what did testing and validation process look like in that line of work? Most of my own experience with (mostly C-family) legacy projects has been that they lack the testing base that an LLM would require to produce anything fit for production.

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          • tomshardware@mastodon.onlineT tomshardware@mastodon.online

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

            IBM stock takes a 13% whiplash after Anthropic announces COBOL AI tooling
            #hardware
            https://www.tomshardware.com/tech-industry/big-tech/ibm-stock-takes-a-13-percent-whiplash-after-anthropic-announces-an-ai-tool-for-writing-cobol-code-stock-has-worst-day-since-2000-and-is-down-25-percent-mom-and-counting

            jackie@social.linux.pizzaJ This user is from outside of this forum
            jackie@social.linux.pizzaJ This user is from outside of this forum
            jackie@social.linux.pizza
            wrote last edited by
            #5

            @tomshardware I don't understand why this would make IBM's stock decrease, did they have a monopoly on COBOL programmers or something?

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