Earlier quoted context omitted.
Rather COBOL is a living fossil? And today's Fortran is the FORTRAN family with horizontal gene transfer from the Algol lineage of programming languages.
Can COBOL be called a living fossil? I mean, programming languages do not live; and they do not "die", per se, either. Just the usage may go down towards 0. COBOL would then be close to extinction. I think it only has a few niche places in the USA and perhaps a very few more areas, but I don't think it will survive for many more decades to come, whereas I think C or python will be around in, say, three decades still.…
Is there anything to be gained from rewriting it in Rust? Five years ago would there have been anything to be gained from rewriting it in Haskell? Ten years ago would there have been anything to be gained from rewriting it in Ruby? Fifteen years ago would there have been anything to gain from rewriting it in Clojure? Twenty years ago would there have been anything to gain from rewriting it in Java?
And so on, all the way back.