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I code on both and they are just for different purposes. E.g. I think it's madness to develop desktop apps in Rust.

Development velocity is way greater in Java.

You mean like the waste of the compute in Rust compiler when compiling from source all the time, with the lenghty compilation times it has, multipled by every Rust user when starting a new project?

I hope AI will make automated translation of such legacy codebases into any favourite langauge possible in future. Fingers crossed.

It sounds like you're not into Java. Perhaps consider switching languages to make room for people who are.