It’s not the 1st time a language/tool will be lost to the annals of the job market, eg VB6 or FoxPro. Though previously all such cases used to happen gradually, giving most people enough time to adapt to the changes.
I wonder what’s it going to be like this time now that the machine, w/ the help of humans of course, can accomplish an otherwise multi-month risky corporate project much faster? What happens to all those COBOL developer jobs?
Pray share your thoughts, esp if you’re a COBOL professional and have more context around the implication of this announcement 🙏
So the fintech companies who rely on that tested (though unliked) lump of iron from IBM running an OS, language, and architecture built to do fast, high-throughput transactional work should trust AI to turn it into Java code to run on hardware and infrastructure of their own choosing without having architected the whole migration from the ground up?
Don’t get me wrong, I want to see the world move away from cobol and ancient big blue hardware, but there are safer ways to do this and the investment cost would likely be worth it.
Can you tell I work in fintech?
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