Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
InfoQ

Anthropic Study: AI Coding Assistance Reduces Developer Skill Mastery by 17%

Anthropic research shows developers using AI assistance scored 17% lower on comprehension tests when learning new coding libraries, though productivity gains were not statistically significant. Those ...

IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

What is COBOL, the high-level programming language that is behind biggest-ever fall in IBM stock value

AI startup Anthropic's claim of automating COBOL modernization sent IBM's stock plummeting, wiping billions off its market ...

Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

IBM shares plummeted after AI startup Anthropic announced its tool can automate COBOL modernization, threatening IBM's core ...

Why T-shaped knowledge is becoming more important than ever in the age of AI

AI tools are fundamentally changing software development. Investing in foundational knowledge and deep expertise secures your ...
TechAnnouncer

Stay Ahead with the Latest Java Programming News and Trends

The drive towards newer Java versions and updated enterprise specifications isn’t just about keeping up with the latest tech; ...

IBM's stock heads for worst month in 34 years - and Anthropic is partly to blame

International Business Machines' stock is the latest big software loser that can trace its selloff to fears over new ...

When AI learns legacy: How code that rewrites itself is changing IT economics

On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, ...
TMCnet

uRecruits' Agentic AI Helps Recruiters Cut Admin Tasks and Reduce Candidate Ghosting

Traditional automation needs human prompts. uRecruits' agentic AI autonomously orchestrates recruiting workflows. Most of the ...