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The trick: Announced Not Shipped

Fortune's headline has a 27-year-old refactoring 98% of Cisco's legacy code with unlimited AI tokens.

In the article, 98% is a 24-month goal with four weeks to prove it.

Issue 6131 October 20268 receipts3 min
A young engineer with a tiny brush faces a mountain of old boxes while coins pour over him.
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Fortune's headline says Cisco is letting a 27-year-old refactor 98% of its legacy code with unlimited AI tokens.

Before you read on. Your call?

Fortune's own text calls 98% the final goal within 24 months, with four weeks to prove it first.

The twist

The record gives no count of lines or services, so 98% has no stated denominator.

98%Share of Cisco's legacy code in the 24-month goal
24 monthsDeadline for the final goal
4 weeksTime given to prove it
2People Krishnamurthy reckoned the rewrite needs

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The trick has a name

We call it Announced Not Shipped: claimed, never released. You'll see it again. Learn to spot it →

Say this in tomorrow's meeting“Cisco hasn't refactored 98% of anything yet. Its president set a 24-month goal at a dinner, with four weeks to prove it and no size given for the code.”

Receipts

  1. Supports fortune.com: Cisco is letting a 27-year-old refactor 98% of its legacy code with unlimited AI tokens
  2. Context fortune.com: Cisco’s president and chief product officer Jeetu Patel
  3. Context fortune.com: Patel told Fortune at a small roundtable dinner
  4. Supports fortune.com: I’ve given him unlimited tokens because he’s going to refactor code
  5. Context fortune.com: Krishnamurthy reckoned he could rewrite Cisco’s legacy code with a two-person team.
  6. Refutes fortune.com: So he has given himself four weeks to prove it, with the final goal of refactoring 98% of Cisco’s legacy code within 24 months.
  7. Supports tomshardware.com: he's now been tasked with rewriting 98% of Cisco's legacy code within 24 months, with four weeks as a proof of concept
  8. Refutes explainx.ai: No baseline is given for how many lines or services count as legacy, so the percentage has no stated denominator.

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This story is a stable, citable object. If you can falsify a verdict,tell us. Corrections are loud here.