A single Anthropic blog post wiped billions off IBM’s market value—but the AI-driven COBOL modernization it described has existed for years. This is a case study in how AI hype, not fundamentals, is driving market volatility.
A single Anthropic blog post wiped billions off IBM’s market value—but the AI-driven COBOL modernization it described has existed for years. This is a case study in how AI hype, not fundamentals, is driving market volatility.