A 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a talent crisis. This has created a lucrative opportunity for new developers learning this older skill. Banks and agencies are paying top salaries to maintain these vital systems. AI is also being explored to help manage COBOL code.
A woman friend dropped out of IT, to be a full time mom for 14 years. When she was about to start job hunting she told me that Se thought she had become unemployable. She was working at a bank within a week, making mint.
She told me that the primary reason they kept those systems working was that banks and insurance companies could not afford to do a migration where a small mistake could cost billions.
Also, I’ve done cobol in my day, and it’s really good for these kinds of applications.
A woman friend dropped out of IT, to be a full time mom for 14 years. When she was about to start job hunting she told me that Se thought she had become unemployable. She was working at a bank within a week, making mint.
She told me that the primary reason they kept those systems working was that banks and insurance companies could not afford to do a migration where a small mistake could cost billions.
Also, I’ve done cobol in my day, and it’s really good for these kinds of applications.