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Essay 8 of 892
Y2K / What Does It All Mean?
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21 pages in length. It has been the center of concern and conversation for years; the buzz it has created is unprecedented. For an outsider to assess the situation, one would have no doubt that the world was truly going to come to an end at precisely midnight, January 1, 2000. What is all the furor surrounding this particular date? In a word: Y2K. All throughout the 1990's -- and even earlier than that -- the world's businesses and governments have been focused upon the very possible shutdown of all computerized systems when the new millennium arrives. It seems quite illogical that the mere changing of a year can instigate such a momentous situation; however, as the century is finally coming to a close, people are beginning to realize that there is more than just a little bit of truth to the impending crash. The writer discusses a wide range of topics in relation to the Y2K bug, with particular emphasis upon the banking industry. Bibliography lists 20 sources.
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