https://medium.com/@bellmar/is-cobol-holding-you-hostage-with-math-5498c0eb428b
Face it: nobody likes fractions, not even computers.
When we talk about COBOL the first question on everyone's mind is always Why are we still using it in so many critical places? Banks are still running COBOL, close to 7% of the GDP is dependent on COBOL in the form of payments from the Centers for Medicare & Medicaid Services, The IRS famously still uses COBOL, airlines still use COBOL (Adam Fletcher dropped my favorite fun fact on this topic in his Systems We Love talk: the reservation number on your ticket used to be just a pointer), lots of critical infrastructure both in the private and public sector still runs on COBOL.
Why?
The traditional answer is deeply cynical. Organizations are lazy, incompetent, stupid. They are cheap: unwilling to invest the money needed upfront to rewrite the whole system in something modern. Overall we assume that the reason so much of civil society runs on COBOL is a combination of inertia and shortsightedness. And certainly there is a little truth there. Rewriting a mass of spaghetti code is no small task. It is expensive. It is difficult. And if the existing software seems to be working fine there might be little incentive to invest in the project.
But back when I was working with the IRS the old COBOL developers used to tell me: "We tried to rewrite the code in Java and Java couldn't do the calculations right."
[Ed note: The referenced article is extremely readable and clearly explains the differences between floating-point and fixed-point math, as well as providing an example and explanation that clearly shows the tradeoffs.]
(Score: 2) by gtomorrow on Tuesday September 17 2019, @04:47AM (2 children)
IT'S TRUE!!! Why???
(Score: 3, Interesting) by FatPhil on Tuesday September 17 2019, @08:19AM
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 2) by legont on Wednesday September 18 2019, @01:26AM
Cause kids don't know how to solve problems solved half a century ago?
Another example would be *nix having persistent issue with "large" number of files in a directory. The result of an investigation is usually a scraching heads and the question: "hold on, mainframe does not have directories. How did they manage to have unlimited number of files in the root back in 60s".
"Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.