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You realize that Ada and Objective C predate Object Pascal, and Erlang came out in the same year as it, right?

I would worry less about new ways of doing the same thing and more about client generation/retention. Plenty of companies are willing to pay top dollar for boring technology.

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It wasn't a chronological order, of course... But if before the languages were more or less field specific, now with each language you can build any kind of application and it became very difficult to make a choice or simply keep up with the daily updates.

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