Palihapitiya estimates fifty years of tech debt represents hundreds of trillions of lines of code
“And I suspect when you enumerate the number of lines that that represents, it's hundreds of trillions of lines of just pretty marginal mediocre code to bad code.”
Palihapitiya says a $100B revenue customer brings 60-year-old pensioners to interpret COBOL code
“I'll tell you one of our customers. They have to go and get 60 year old pensioners to come into the office to interpret cope no. I'm I'm not joking.”
Palihapitiya says a $100 billion revenue customer brings retirees out of retirement to explain COBOL code.
“They have to go and get retirees to I swear to God, dude, this is a $100,000,000,000 a year company out of retirement to come into the office to explain what this COBOL code does.”
Palihapitiya notes bipartisan House bill requiring legacy system inventory proves need to legislate basics
“There is a bipartisan bill in the House right now that would require federal agencies to produce an inventory of their legacy systems along with a five year plan for each one. Think about what it means that this has to be legislated. These systems were built by a rotating”
Palihapitiya notes bipartisan House bill requiring legacy system inventory proves need to legislate basics
“There is a bipartisan bill in the House right now that would require federal agencies to produce an inventory of their legacy systems along with a five year plan for each one. Think about what it means that this has to be legislated. These systems were built by a rotating”