Tag: legacy systems

The Day Legacy Technology Died: Anthropic’s Claude Code Automates COBOL Modernization, IBM Plunges 13%

From mainframe dinosaurs to AI-native infrastructure—February 24, 2026 marks the moment AI stopped augmenting and started replacing. The $30 Billion Message At 9:30 AM Eastern Time on February 24, 2026, IBM shareholders watched in disbelief as the stock began a cascade that would end with a 13.15% single-day decline—the company’s worst performance in decades . The trigger? Not a missed earnings report,… Read more →