In conclusion, COBOL is not a dead language in 2023; it is a living testament to the resilience and durability of certain technologies. Its dichotomy lies in its simultaneous existence as a legacy language and its gradual adaptation to modernization efforts.

As technology continues to evolve, organizations will need to carefully balance their dependence on COBOL with their long-term goals. COBOL may not be the future of software development, but it remains an essential part of the present for many industries, ensuring that vital systems continue to function reliably and efficiently.

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