The podcast introduces IBM’s WatsonX Code Assistant for Z, an AI-powered tool to modernize COBOL applications on IBM Z systems. Hosts Aleis Murphy and Ahmed Usman speak with Carol So, an experienced IBM architect, who explains how the tool guides the transformation process through four phases: Understand, Refactor, Transform, and Validate. The assistant helps translate COBOL to optimized Java while minimizing risks and enhancing team collaboration. Carol highlights that even clients sticking with COBOL can benefit from improved code understanding and development efficiency.