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Y2K is also called a bug Y2K is one of the big problems for everyone Y2K means many computer systems use software that tracks dates with only the last two numbers of years such as 97 instead of 1997 When 00 comes up for the year 2000 many computers will view it as 1900 instead potentially leading to failures in business transportation utilities and other services Many people are scared of Y2K because they think that world is going to end But on the other hand I dont think that its going to be disaster as people think is going to be There will be minor problems but it wont effect the world Y2K is a big problems for banks because nowadays all the banks use computers Many people are scared because they think that they will lose all the money that they saved up in bank for all these years because people scared that the computers wont work on January 1 2000 and they will lose all the information that they had all these years In my opinion I think that many banks are ready for the Y2K and they have back up for their computers So they wont screw up like big time but they will have little minor problems but they will handle it right away And banks are already talented for screwing up in minor problems so you wont notice that they screwed up So banks could handle it and they are not scared of Y2K Another thing that people are sacred is that it will effect our stock market big time Many people are scared because they dont know what will happen in 2000 They think that the stock market will effect because it also works with computers and the computers will shutoff They are also scared because they got an idea that the stock market will fall down and the people that invest the
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