in reply to Re: Re: Re: "There are some stunningly novel ideas in Perl" -- Paul Graham
in thread "There are some stunningly novel ideas in Perl" -- Paul Graham

You would lose your APL bet. APL was heavily used in both finance and statistics. There are still quite a number of jobs where you need to know it because you have to maintain that code.
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Re: Re: Re: Re: Re: "There are some stunningly novel ideas in Perl" -- Paul Graham
by demerphq (Chancellor) on Apr 28, 2003 at 17:45 UTC

    I stand corrected. Thank you. Is there any tendency to increase the utilization or is the intention generally speaking to port the code to other langauges? I would say the answer to that question would quite nicely sum up whether my opinion of APL was that off or not.


    ---
    demerphq

    <Elian> And I do take a kind of perverse pleasure in having an OO assembly language...
      While I don't know much about APL in specific, I do know the answer to that for COBOL - the pie-in-the-sky goal is to migrate, but, because it's the least-risk solution, the trend is to increase utilization.

      Part of that is because of the hardware limitations. Until IBM started putting Linux on mainframes, there was no (good) way to get the sheer power of a mainframe without programming in COBOL. Now, there is, but it's extremely new. Companies like MasterCard, Motorola, and the like aren't going to migrate simply because it's out there. It could be the next best thing, or just the "Next Best Thing"(tm). When your $100 Billion business depends on the decision and what you have is how you got to B$100, you tend to be a little biased to the status quo. And, frankly, I don't blame them.

      ------
      We are the carpenters and bricklayers of the Information Age.

      Don't go borrowing trouble. For programmers, this means Worry only about what you need to implement.

      Please remember that I'm crufty and crochety. All opinions are purely mine and all code is untested, unless otherwise specified.

      I left the finance industry 3 years ago, so I don't know what the trend is now. But at the banks and insurance companies I worked before, APL was indeed a heavily used language. Usage didn't seem to shrink or grow; it was mostly stable. There didn't seem to be a trend in moving away from it for either life insurance statistical operations nor for back office stuff at the bank (valuation of derivatives etc).

      Note that APL was not the predominant language though; that was COBOL and PL/I.