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🚨 28 BILLION DOLLARS JUST EVAPORATED IN A SINGLE AFTERNOON.
IBM STOCK CRATERED OVER 10 PERCENT TODAY AFTER ANTHROPIC ANNOUNCED CLAUDE CAN NOW STREAMLINE COBOL CODE.
THE MOST LUCRATIVE CONSULTING MOAT IN TECH JUST COLLAPSED.
FOR DECADES MAJOR FIRMS HAVE MADE BILLIONS MANUALLY UNTANGLING ANCIENT MAINFRAMES. THESE COBOL SYSTEMS STILL PROCESS 95 PERCENT OF U.S. ATM TRANSACTIONS TODAY.
ANTHROPIC JUST CHANGED THE ENTIRE MATH. THEIR NEW CLAUDE CODE TOOL AUTOMATES THE COMPLEX EXPLORATION AND ANALYSIS PHASES OF MODERNIZATION. IT MAPS DEPENDENCIES ACROSS THOUSANDS OF LINES OF CODE INSTANTLY.
WHAT USED TO TAKE TEAMS OF HUMAN ANALYSTS MONTHS TO FIGURE OUT IS NOW HANDLED BY AN AI AGENT.
THE MARKET IS VIOLENTLY REPRICING COMPANIES THAT RELY ON MANUAL LEGACY UPGRADES.