What the year 2000 problem may do to the stock market and the economy.

The Year 2000 (Y2K) computer problem and a number of related factors may prompt a global economic decline. The Y2K problem refers to the decades-old practice in computer programs of assuming a year's first two digits are “19” and using only the last two digits to denote the year. This means that t...

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Detalles Bibliográficos
Publicado en:Futurist Vol. 32; no. 6; pp. 16 - 22
Autor principal: Ray, Russ
Formato: Artículo
Publicado: World Future Society August/September 1998
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:The Year 2000 (Y2K) computer problem and a number of related factors may prompt a global economic decline. The Y2K problem refers to the decades-old practice in computer programs of assuming a year's first two digits are “19” and using only the last two digits to denote the year. This means that the year 2000 will be read as 1900, causing computer chaos. The problem is unlikely to be resolved in time to prevent a major shock to the world economy.