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COBOL

5 statements across 5 episodes · 1 bullish · 2 bearish · 4 people on the record · first statement Jan 2, 2019 by Steven Sinofsky · said 18 times in 5 episodes since 2018 · across every show →

Mentions by year

brought up most by Angela Strange (5), Steven Sinofsky (3), Vijay Pande (2), Marc Andreessen (2)

tap a year for its mentions
003162201820192020202120222023episodesmentions
012201820192020202120222023episodes it came up in
003162201820192020202120222023episodesmentions per episode
2023 6 mentions in 1 episode
2021 5 mentions in 1 episode
2019 5 mentions in 2 episodes 3 per episode
2018 2 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about COBOL, oldest first

Jan 2, 2019
Assertion Not checkable as stated
Sinofsky: One US government branch relies on 7M lines of COBOL
“We met with a government agency this week, and they have one application for one branch for one scenario with seven million lines of COBOL code.”
Steven Sinofsky Jan 2, 2019 ▶ 26:07 a16z Podcast | The $200 PC in the Enterprise
Oct 14, 2021
Assertion Partly supported
Strange: 40% of legacy bank code is written in COBOL
“40% of bank's code is in COBOL.”
Angela Strange Oct 14, 2021 ▶ 10:52 The Open Source Movement in Fintech
Dec 22, 2023 bullish
Prediction Not checkable as stated
Strange: LLMs will automatically translate legacy COBOL code into modern languages
“You can imagine a world where LLMs get so good that you could feed in large portions of code written in COBOL, And they would spit out the same amount of code or the same functionality of said code in a different language, you know, and we're not there yet, bu…”
Angela Strange Dec 22, 2023 ▶ 12:09 Big Ideas 2024: The Rise of the Developer as a Buyer in Financial Services with Angela Strange
May 16, 2025 negative
Assertion Not checkable as stated
Bornstein: AI cannot solve legacy code migration due to lost context
“AI may be able to transpile, you know, COBOL to Java, but there's a huge amount of context in what went into creating that COBOL code that's been totally lost, right?”
Matt Bornstein May 16, 2025 ▶ 31:30 Who's Coding Now? - AI and the Future of Software Development
Oct 16, 2025 negative
Assertion Not checkable as stated
Rabois: Incumbent banks run on COBOL and have zero software talent draw
“And the incumbents can't do this. They, they're still like literally in COBOL often, and their ability to attract talent is just like zero.”
Keith Rabois Oct 16, 2025 ▶ 44:50 Keith Rabois: Israel, OpenAI, Opendoor, and DOGE
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