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Yak shaving is easy to understand and evaluate, whereas the value in creating a language makes no sense to anyone outside the language scene.

Most people have no way to guess of the new ideas will be influential, but we do know we aren't interested in using niche tools regardless of what they are.

It could be an amazing leap forward for computer science, or a slightly interesting toy, and either way it's above most people's heads.

I didn't even know what yak shaving was! Not sure if I'd ever heard the term before.

Alas: http://catb.org/jargon/html/Y/yak-shaving.html

Every year millions of CS students invent new languages, and publish SIGPLAN papers about them.

This language is great for the author as learning process, and that is about it.