This is the best summary I could come up with:

For large organizations, it tends to be a complex and costly proposition, given the small number of COBOL experts in the world.

When the Commonwealth Bank of Australia replaced its core COBOL platform in 2012, it took five years and cost over $700 million.

Running locally in an on-premises configuration or in the cloud as a managed service, Code Assistant is powered by a code-generating model, CodeNet, that can understand not only COBOL and Java but around 80 different programming languages.

A recent Stanford study finds that software engineers who use code-generating AI systems similar to it are more likely to cause vulnerabilities in the apps they develop.

“Like any AI system, there might be unique usage patterns of an enterprise’s COBOL application that Code Assistant for IBM Z may not have mastered yet,” Puri said.

IBM sees a future in broader code-generating AI tools, as well — intent on competing with apps like GitHub Copilot and Amazon CodeWhisperer.

The original article contains 734 words, the summary contains 159 words. Saved 78%. I'm a bot and I'm open source!

Im sorta excited for stuff like this to get going in terms of video games. There are some great games and it would be great if it was easier to pull it into a more modern engine or such.

So a 'compiler' then? From a fairly straightforward easy to use COBOL to whatever. makes sense. can the new code work in the mainframe environment? or is that what this piracy is about?

har har har.

:D

Though previously all such cases used to happen gradually, giving most people enough time to adapt to the changes.

The Luddites would like to have a word with you.

This might be a stupid question, but how is this different from cross compilers? Is it more natural and readable?

Something I found is that LLM struggle with weirder cases, when it comes to code.

I once tried getting ChatGPT (though admittedly only 3.5) to ~~generate code in~~ understand SaHuTOrEPoL, which is one of the more esoteric languages I created, and it really struggled with it.