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With less than a year until the year 2000 Two seemingly small digits may turn January 1 2000 from a worldwide celebration into a universal nightmare With computers mistaking the year 2000 for 1900almost all businesses that use dates will be affected Not only will the companies be affected but they are paying millions upon millions of dollars in order for computers to recognize the difference between the years 2000 and 1900 The year 2000 computer bug is a huge problem that our world must faceIn order to explain how to solve the millennium bug it is a good idea to know a little about what the year 2000 problem is The year 2000 industry expert Peter de Jager described the problem We programmed computers to store the date in the following format ddmmyy This only allows 2 digits for the year January 1 2000 would be stored as 010100 But the computer will interpret this as January 1 1900- not 2000 de Jager 1 The 19 is hard-coded into computer hardware and software Since there are only 2 physical spaces for the year in this date format after 99 the only logical choice is to reset the number to 00The impact of Y2K on society is enormous bringing the largest companies in the world to their knees pleading for a fix at nearly any cost The modern world has come to depend on information as much as it has on electricity and running water Fixing the problem is difficult because there is less than a year left to correct 40 years of behaviorwork de Jager 1 Alan Greenspan has warned that being 99 percent ready isnt enough Widder 2 Chief Economist Edward Yardeni has said that the chances for a worldwide recession to occur because of Y2K are at 40 Widder 3The potential of the problem in everyday life is alarming Imagine making a loan payment in 1999 for a bill that is due
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