# Summary:
– The article discusses the programming language COBOL and its continued relevance in modern computing.
– COBOL, created in 1959, is predominantly used in banking, insurance, and government sectors.
– Despite being ridiculed for its outdated appearance, COBOL remains integral to critical systems handling trillions of dollars.
– Experts warn against underestimating the importance of keeping these systems operational and secure.
## Author’s Take:
COBOL may be the butt of many tech jokes, but its significance in maintaining crucial systems cannot be overlooked. In a world where legacy systems hold massive amounts of sensitive data, the practicality of continuing to support COBOL cannot be denied. It’s a reminder that sometimes, what’s old is indeed gold in the realm of technology.
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