The World Depends on 60-Year-Old Code No One Knows Anymore
Every day, 3 trillion dollars worth of transactions are handled by a 64-year-old programming language hardly anybody knows anymore.
It's called COBOL (Common Business Oriented Language), and despite the fact most schools and universities stopped teaching it decades ago, it remains one of the top #mainframe programming languages used today
@gtbarry There's actually a big industry in India to train in the language, because it is a support hub...
I just spent time with a manufacturing company that is built on top of COBOL, to talk about the potential role of AI in manufacturing. Our world is odd.
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