It's not the 1st time a language/tool will be lost to the annals of the job market, eg VB6 or FoxPro. Though previously all such cases used to happen gradually, giving most people enough time to adapt to the changes.
I wonder what's it going to be like this time now that the machine, w/ the help of humans of course, can accomplish an otherwise multi-month risky corporate project much faster? What happens to all those COBOL developer jobs?
Pray share your thoughts, esp if you're a COBOL professional and have more context around the implication of this announcement 🙏
All of that is mentioned in the article. Given how much it cost last time a company tried to convert from COBOL, don't be surprised when you see more businesses opt for this cheaper path. Even if it only converts half of the codebase, that's still a huge improvement.