People have been saying that for over a decade now, and their business is still going.
So is IBM.
There was a pretty interesting article in the Wall Street Journal a few weeks back about how IBM is flying under the radar, and doing well by not taking the hype bait.
It noted that 70% of all credit card transactions on the planet go through an IBM system.
Yeah, I should have said growing not going. That's what I meant.
It ought to be extremely easy now to use LLMs to transpile cobol and do the necessary reverse engineering to migrate off mainframes and aix servers.
I think IBM will lose many customers.
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