Jim’s Daily Rant. Titans' King Of The Hill Game?
- Jim Costa
- 1 hour ago
- 2 min read
I always viewed law as the codification of the rules of society for doing business.Business ventures need calm predictive systems to plan and operate under.
Part of that predictive ability may have just changed drastically for IBM and Unisys (Formerly Burroughs).
This is the rapidly changing world we are now living in, although this change is normal technology change, not from the Reset. But just the same, more chaos in the future.
Claude Code can automate COBOL modernization, and, with the help of human judgment, migrate this code incrementally into modern languages, where it can be hosted across various cloud providers.
That is a potential threat to the likes of IBM, an architect of the COBOL system that uses the language on its mainframes for enterprises. IBM is also offering AI tools (like watsonx) to modernize COBOL code, but crucially, wants to keep the outputs running on its hardware and software.
“The strength of our Z placement fuels our flywheel for growth with its attractive 3x to 4x stack multiplier across IBM,” said CFO James Kavanaugh after its latest earnings report. “Z” refers to IBM’s mainframe offerings. As such, getting and keeping customers on IBM’s mainframe is a key way the company drives revenue growth for other software and services.
COBOL is standard in many financial operations (like ATMs), as well as in government and airline systems, as Anthropic notes, so users may want to keep this code tied to one mainframe architecture for security, reliability, and speed (it’s the devil they know!) rather than migrating to a different platform. - Sherwood News Source
Woman wiring early model computer:

