
IBM Lost $24 Billion in 4 Hours After AI Came for COBOL. Here is What Small Businesses Should Learn.
Anthropic announced Claude Code can automate COBOL modernization. IBM stock crashed 10-12% in a single session, wiping $24.3 billion in market cap. If AI can dismantle a decades-old consulting moat overnight, what does that mean for small businesses still running legacy systems?

















