EQUIPThe Verge · 1d ago
Can AI help solve the COBOL code crisis?
Executive Brief
The 30-second read
OpenAI is positioning its latest models to automate the modernization of critical legacy infrastructure running on COBOL. This development targets technical debt within the banking, airline, and government sectors to mitigate systemic operational risks.
- 01Critical global systems in finance and aviation rely on aging COBOL codebases
- 02OpenAI reports substantial improvements in AI models' ability to modernize legacy computer code
- 03Automation aims to resolve long-standing maintenance challenges and prevent potential infrastructure failures
- 04The initiative seeks to migrate antique systems to modern frameworks without disrupting core operations
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Business Travel Management 2026: Program Blueprint →AI-generated summary · Verify at source
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 October 19th, the company touted "substantial improvements" in its latest AI models' […]