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On Sep 11, 2007, at 12:31 AM, Anthony B. Coates (XML-Dev) wrote: > There are long-term financial instruments (like swaps: http:// > en.wikipedia.org/wiki/Swap_%28finance%29) which can extend to 30 > years or more. Many institutions are encoding these using FpML > (Financial Products Markup Language: http://www.fpml.org/), with > their own custom extensions, and they will need to be able to > access this data in 2037 or later. > > If XML has been surpassed in popularity by some competing > technology by 2027 or 2037, I suspect that what you will find is > that institutions who need it will maintain staff who know how to > use and run their XML tools Maybe I'm missing something, but XML feels like a safer long-term bet to me if only because almost all those tools are (a) open-source, and (b) written in mainstream languages and (c) written for portability. So you won't get the situation you get in some IT shops I've seen where a horrible old PDP-11 or Unisys box is kept limping along at great expense because they occasionally need some long-forgotten black-box proprietary app. I.e., whatever it is we call a "computer" in 2027 will probably run libxml2 and Jing just fine. -T
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