RealFeedApp 40 percent of banks rely on COBOL
OpenAI enhanced its models to support COBOL migration, addressing the shortage of programmers as 40% of global banks rely on legacy systems.
- Field
- programming
- What they did
- OpenAI improved its models' ability to work with legacy programming languages like COBOL, Fortran, and Visual Basic.
- Why it matters
- This is needed because 40% of banks still rely on COBOL systems, and migrating them costs millions of dollars and years of time while the programmers who know these languages are retiring.
#openai#cobol#migration#legacy code#banking
