OpenAI models are now better at building and migrating software in old programming languages with a dwindling number of programmers, including COBOL, Fortran and Visual Basic. As the company explains , 40 percent of world banks still rely on COBOL systems, and migrating to ones that use newer languages would not only cost them millions to hundreds of millions, but also a lot of time. Programmers that work with COBOL are aging out of the workforce , however, so the banks that still use it will...
