

You assume these people installing experimental non deterministic software on their computer would know how to purge a process (or, you know, not to hook up vibe coded slop to their inbox) but here we are. To get a director job in a big company, the main thing you need is an MBA, a willingness to do whatever the CEO asks of you and either a sociopathy or psychopathy diagnosis (sorry for the repetition, I know I already said MBA). Technical skills ānice to haveā
IBM stocks take a tumble after anthropic release a COBOL skill - the rational market strikes again.
I wrote up my take here but TL;DR - a few markdown files telling Claude itās an expert at COBOL development arenāt going to unpick decades of risk averse behaviour from bank and government cios. Similar to the SaaSpocalypse this is pure nonsense. Investors donāt tend to let reality dissuade them though.