Can AI help solve the COBOL code crisis?

What do the IRS, banks, airlines, and government infrastructure around the world have in common? They're all running on systems propped up by antique computer code that nobody dares touch, lest everything come crashing down.

OpenAI thinks it may have a solution. On Monday, the company touted "substantial improvements" in its latest AI models' ability to migrate aging software written in older programming languages into modern code, which it claims could help organizations with "maintaining and modernizing older systems."

That's a potentially massive deal. COBOL, one of the languages highlighted by OpenAI, remains stubbornly embedded in vas …

Read the full story at The Verge.