As the world approached the year 2000, there was widespread concern over the “Y2K bug,” or “Millennium Bug.”
This was a potential computer glitch where many systems used only two digits to represent the year (e.g., ’99’ for 1999), potentially causing them to interpret the year 2000 as 1900.
Fears of catastrophic failure in financial, healthcare, and utility systems led to significant efforts in remediation, with billions spent globally to update software.
Contrary to some doomsday predictions, the transition to the year 2000 was relatively smooth due to these preventive measures.
