Cobol Still Powers the Global Economy
I hate how the title says &quot;powers the global economy&quot; when it should be &quot;powers banking systems&quot;. I spend a lot of money on many things, my smartphone, gsuite, slack, Netflix, Amazon, Dropbox, games, tools, hardware, and I would guess most of that stuff never touched Cobol. Meanwhile I pay 1usd monthly for my bank (which, btw already migrated). So saying it &quot;powers the global economy&quot; is definitely a bit of a stretch.<p>I am sure there&#x27;s a lot of it running still, mission critical stuff, also that there are still a few teams creating new projects with it. So it is not dead by this definition. But if I&#x27;m honest, I can&#x27;t name one single language that is.