The COBOL thing seems to be working out just fine last I heard. Today a small number of people get paid well to know COBOL's depths and legacy platforms/software. The world moved on, where possible, to lower cost labor and tools.
Arguably, that outcome was the right creative destruction. Market economics doesn't long-term incentivize any other outcomes. We'll see the arc of COBOL play out again with LLM coding.
alt Hacker News
COBOL also came to mind.
The COBOL thing seems to be working out just fine last I heard. Today a small number of people get paid well to know COBOL's depths and legacy platforms/software. The world moved on, where possible, to lower cost labor and tools.
Arguably, that outcome was the right creative destruction. Market economics doesn't long-term incentivize any other outcomes. We'll see the arc of COBOL play out again with LLM coding.