There's good and steady money in "old" frameworks that the kids don't want to learn about.<p>I work 2 days a week on maintaining AS3 / Flex projects for around $110/hour, fully remote. Which for my client means a more economical choice than to build a new team and knowledgebase and rewrite.
We still use a range of old technologies where I work because it's where our resources are invested. We're steadily rescooling people, but that takes time, and even when every one is up to speed it'll probably still be 6 months before they are able to deliver the same quality at the same speed.<p>We also have around 350 different (minor to major) systems running, which won't be upgraded in a foreseeable future.<p>Using old technology is a consequence of reality, but that doesn't mean it's a good idea. It's very dangerous to get complacent, and I think especially so, with something so replaceable as Angular 1.
It is still supported. What's more new versions are coming. Some people says it will be just like with Python 3 - a lot of people still using python 2.<i>