Why look at Y2K?
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Separating Hype from Reality
Mention Y2K today, and a lot of people will tell you nothing happened. The whole thing was a hoax. Was it really?
The Costs of Y2K
With the benefit of hindsight, we see that the economic impact of Y2K on America was far greater than the $100 billion-plus government and business spent on fixing the computer glitch.
We once managed to do business without satellite pagers, cell phones, and instant messaging. But in just a few years, we've become increasingly dependent on a vast, interconnected high-tech system - one that is more fragile than we first thought.