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.
yeah I agree here. they did in the 90’s when a lot had to deal with y2k but I don’t think they do much beyond that.