Technical Debt is a concept in software development that refers to the extra work and effort needed to fix or modify code that was implemented in the short-term, instead of a more solid, comprehensive solution. This concept is important to consider as it can have long-term repercussions, resulting in a larger workload for developers down the line. In addition, if the technical debt is too high, the system may become unstable and unreliable, which could be detrimental to the end user. Therefore, it is important to consider the long-term implications of any code-level decisions that are made, as this can help to prevent technical debt from accumulating.
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