COBOL — THE ANCIENT CODE THAT RUNS YOUR MONEY
Автор: The Web Journal
Загружено: 2026-01-18
Просмотров: 891
Описание:
COBOL was declared dead decades ago — yet it still runs banks, governments, and global finance.
This video explains why old COBOL systems are so reliable, how decades of debugging made them stronger than modern software, and why their greatest strength has become a serious risk.
From the Y2K crisis to today’s shortage of COBOL experts, we explore how the world ended up depending on code that almost no one understands — and why replacing it may be harder than keeping it alive.
⏱️ Timestamps:
00:00 – A Language Older Than McCartney: How COBOL Runs the Money
02:35 – The Code That Outlives Its Creator: COBOL Legacy
05:06 – COBOL Runs the World: From Paychecks to Planes
08:32 – COBOL: The Language That Made Computers Human-Friendly
14:19 – Why Old COBOL Runs Better Than New Code
19:12 – The COBOL Curse: Too Reliable to Touch
22:29 – COBOL vs. Y2K: The Crisis That Called Retirees Back
25:33 – COBOL Today: Banks Desperate for Old-Timers
Source: https://www.wealthsimple.com/en-ca/ma...
#COBOL #LegacySystems #Mainframe #BankingTech #TechHistory
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