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The complete extinction of the COBOL language in the near future is unlikely. Despite being considered a legacy language, COBOL remains deeply ingrained in critical systems across various industries, such as finance, government, healthcare, and large enterprises.
The gradual decline of COBOL is anticipated due to several factors. One is the aging workforce of COBOL developers, leading to a shortage of skilled professionals to maintain and develop COBOL-based systems. Another factor is the increasing efforts to modernize these systems by integrating them with newer technologies, such as cloud services and web interfaces, while retaining the core COBOL functionality.
However, the demise of COBOL faces challenges due to the complexity, cost, and risks associated with migrating away from these established systems. Many organizations find it more practical to continue leveraging their COBOL systems rather than replacing them entirely, ensuring a continued need for COBOL expertise.
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