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Just hours after Anthropic announced Claude Code, IBM lost nearly $30 billion in market value. But why? The answer lies in COBOL — a 60-year-old programming language that still powers ATMs, banks, airlines, and the global financial system. For decades, companies like IBM made billions maintaining these "untouchable" legacy systems. Now, AI can read, understand, and convert COBOL into modern languages like Java or Python — faster and cheaper than ever before. This isn't just a tech story. It's a

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