Earlier quoted context omitted.
Negativo friendo. The mainframe is turning into a middleware layer running on Enterprise Linux. We've containerized the mainframe at this point, and I mean that directly - eg. Running jcl, multiple CICS regions, all in COBOL that originated on z/OS is now running in k8s on amd64.
I hope you're right, but many comments here on HN suggest their experience with mainframes is very different. z/OS and its predecessors provided so many services completely transparently to the application that a mainframe to modernity migration is doomed to fail unless it can completely emulate (or design around) the capabilities provided by the OS and other subsystems. Even ignoring the needs of the super high end…
Other places stopped development 20 years ago and surrounded the mainframe with now legacy middleware. A lot of the “COBOL” problems with unemployment systems during COVID were actually legacy Java crap from the early 2000s that sat between the mainframe and users.