OK, well, that's terrible. I'm skeptical of it causing something apocalyptic. Anyone who uses a language that only has a proprietary compiler or interpreter likely wasn't going to release their own source code. Other than that, unusually easy to use programming methods that happen to be based on proprietary software already exist; it's just that they're used for developing games.

If this language turns out to be extremely popular (in the way the aforementioned game development tools did), someone will end up working on a free replacement for it, just like any other popular proprietary software.

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