IBM crashed 13% because the market found out LLMs can write code, bought $190k
    byu/GreatGapYoukai inwallstreetbets



    Posted by GreatGapYoukai

    24 Comments

    1. Anthropic posted in a blog that Claude can be use to migrate COBOL. I have not read the original blog.

    2. It’s like catching a falling knife IBM the stock was over 300 not long ago I watch it closely couldn’t understand why it has been going down 10-15 points a day before today’s crash.

    3. Happy-Champion1661 on

      I don’t know if it’s a buy, but I’d say yes

      I’ve followed it for a bunch of time and today drop is totally unreal, good that I didn’t have any position in it but it’s weirdly interesting now

    4. Yes isn’t IBM less of SaaS and more implementing what the customer wants? Seems it would be positioned the best of the none pure AI companies.

    5. It seems that Anthropic can do my household chores, eat the food we eat and perform cringy tiktoks. That is why the market is reacting like this now to this AI. /s

    6. “Look the LLM can rewrite from Language A to Language B” has been possible since 2023, Anthropic had someone make a demo of it

    7. Programming in RPG is garbageeeee. If I can convince my boss to let me use AI, I can unscramble the code on our 40+ year old IBM ERP system. Can promote it as efficiency and modernization of whatever.

    8. 38% retracement from ath on CRWD. Accumulate starting with 100 shares here, in case the knife falls to the 50% Fib level.

      Companies that start trying to write their own AI Cybersecurity will be used as future case studies in stupid

    9. Mammoth-Detail7478 on

      Good luck man!
      This is what I thought about Microsoft after a 10% drop…. now I’m down 13% and dropping everyday šŸ’€

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