Tom's Hardware learned that candidates would oversee machines running 166 MHz processors with 8 MB of RAM, which are used to display important technical train data to...
I'm in two minds about that. One the one hand, yes, of course - as all the original COBOL folks die off, the skills will be even rarer and thus worth more.
On the other hand, if we keep propping up old shit, the businesses will keep relying on it and it'll be even more painful when they do eventually get forced to migrate off it.
On the other other hand, we know it works, and we don't want to migrate everything into a series of Electron apps just because that's popular at the moment.
If it works, why would we want to go through the trouble of switching to another language that will also eventually be regarded as needing to be retired? There's decades of debugging and improvement done on their system, start over with a new system and all that work needs to be done again but with a programming language that's probably much more complex and that leaves the door open to more mistakes...