Author of "IBM Stock Dives After Anthropic Points Out AI Can Rewrite COBOL Fast" in The Register
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Simon Sharwood as author
Anthropic's blog post highlighting Claude's ability to accelerate COBOL refactoring triggered a 13% drop in IBM stock, though IBM has offered similar AI-powered tools since 2023.
“Author of "IBM Stock Dives After Anthropic Points Out AI Can Rewrite COBOL Fast" in The Register”
KPMG built a 100-page agentic prompt system that automates tax advice generation, reducing delivery time from two weeks to one day while maintaining employment through efficiency gains rather than layoffs.
“Author of "KPMG Just Admitted"”