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Comment by pixl97

3 hours ago

In my experience working with large financial institutions and banks, there is plenty of running COBOL code that is around the average age of HN posters. Where as a lot of different languages code is replaced over time with something better/faster COBOL seems to have a staying power in financial that will ensure it's around a very very long time.

I wasn’t aware of this until that talk, but COBOL essentially being both the logic and the database together makes it very sticky.