The Y2K Scare

Paper Summary:

This paper discusses the greatest scare of the new millennium, the Y2K bug. The paper examines who stood to profit the most from this alarming paranoia. The paper explains the very real problem that faced the technological world at the turn of the millennium, contending that there was indeed something to worry about. However, with this justified concern, the paper acknowledges that the Y2K scare was out of proportion.

From the Paper:

"In a nutshell, the Y2K problem affects computers which use a two-digit year field. Older computer systems will interpret the "00" date change and read the Y2K as 1900, disrupting time-sensitive computer functions and applications. Everyone has different lifestyle situations, and therefore, varying levels of exposure to the Y2K problem. What we are seeing, unfortunately, is mass paranoia. We have the buzzword, "Y2K", one number sandwiched between two letters, striking fear in the hearts of corporate giant and John Q. Public alike. " Suddenly man is paralyzed by two zeros. Two zeros in a Unix system will collapse western civilization" . We are becoming a nation in the grip of irrational fear."

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