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Y2K Is One Of The Biggest Problems We Are Going To Face With The New Millennium.

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Term Paper TitleY2K Is One Of The Biggest Problems We Are Going To Face With The New Millennium.
# of Words509
# of Pages (250 words per page double spaced)2.04
Y2K is one of the biggest problems we are going to face with the new millennium. There are many aspects that make Y2K so destructive. Y2K is all about a bug that is in our software databases where the calendar system will not be able to differentiate between ’99 and ’00. Another is the issue of how much it’s going to cost us to fix it. The Garner Group, a respected information tech researcher, estimates that it will cost us as much as 600 billion dollars worldwide. According to Information Week, most of the world is not taking Y2K that seriously. The French don’t see it as a big problem, and the Italians have just started calculating the effects. The Africans simply don’t have budgets set aside for a problem like Y2K. Even Japan is logging behind. “Less that half the corporations responding to a questionnaire are doing anything about it.” (Glanivee 1) The Y2K problem consists of many problem areas that intertwine and create the monstrous catastrophe that it is. It really begins with, “the technical problem, legacy computer codes and embedded microchips.” (Peterson2) For the past thirty years, programmers have been writing billions of lines of software in which our world depends on today. Y2K reporter Ed Meagher describes “Old undocumented code written in over 2500 different computer languages and executed on thousands of different hardware platforms being controls by hundreds of different operating systems…..[that generate] future complexity in the form of billions of six character date fields stored in mi...

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