Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ‘casualty’ of this was the legendary firm IBM, whose stocks fell.

IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...
IEEE

Python Source Code Vulnerability Detection Based on CodeBERT Language Model

Abstract: Programming language source code vulnerability mining is crucial to improving the security of software systems, but current research is mostly focused on the C language field, with little ...

Code Metal Raises $125 Million to Rewrite the Defense Industry’s Code With AI

The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can’t come at the cost of new bugs.