Sunday, July 05, 2015 1:29:42 PM
When it comes to global catastrophes that weren’t, Y2K is one of the all-time greats. As the year 2000 approached, computer experts realized that a potential problem existed. Most software was written with the last two digits representing the year as opposed to all four digits, so “1998” was written simply as “98.”
.While this situation was a particular problem for the financial industry, paranoia took hold in every sector. Some people believed that all of their personal data would be compromised, that database snafus would cause food shortages and that nuclear missiles would launch themselves. Edmund X. DeJesus, editor of BYTE magazine, joined in the fray, stating that “Y2K is a crisis without precedent in human history.”
Fortunately, Jan. 1, 2000, came and went without major incident.
By Mid August when TRTC Q 2 numbers are released we can file the SA article along with Y2K.
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