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The COBOL Crisis: Why the 'Asbestos' of Software Still Haunts Global Infrastructure

Decades-old COBOL code remains the invisible backbone of global finance and government administration, yet a critical shortage of developers and the sheer complexity of migration have created a hundred-billion-dollar economic drag.

Mei ChenMei Chen
March 16, 2026445 views
The COBOL Crisis: Why the 'Asbestos' of Software Still Haunts Global Infrastructure
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#cobol#legacy-systems#programming#software-engineering#economic-impact

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