"nobody today will deliberately choose Cobol for any new project. And wherever possible people will attempt to migrate away from it|".
COBOL is used in banks and other businesses that either can't handle the transition to a modern language and hardware or can't afford it. It's a lot more widely used than most realize but not for developing software, but for running what we laughingly call "legacy" systems. On aging mainframes that will die, and the companies with them.