RegulationThe Verge·October 26, 2026

Can AI help solve the COBOL code crisis?

A computer running COBOL 73, an antiquated computer programming language, awaits taxpayer information entries at the Internal Revenue Service in Austin, Tx., on Friday, June 10, 2022. | Image: Getty Images 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…

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