Chairman of the Subcommittee on Government Management, Stephen Horn, stated that "Despite a lingering skepticism in some realms, I assure you: The Year 2000 problem is real; its consequences are serious; and the deadline remains unstoppable."
The Y2K problem can not be accurately figured, and no one knows exactly what will be affected, or how much. Bad news lurks in every corner and statistics are depressing. The consulting firm GatnerGroup has estimated that Venezuela and Saudi Arabia (two of the largest exporters of oil to the United States) are 12 to 18 months behind the United States in their Y2K compliance efforts.
Being faced with the threats of loss of electricity, oil, and unfortunately, any hope of technological stability is a serious matter that should not be tossed around like it is not a big deal at all. Definitely knowledge and preparation is the key to surviving this glitch in civilization. I really, truly feel that it is wrong to write Y2K off as a media-hype, every human being is going to effect by the Y2K horror.
Over the years, the technological world has advanced rapidly, and humans have come to rely on computers for just about every aspect of daily life from education, to communication, to banking, to electricity, we depend on technology. The Y2K "bug" seems to be a vicious reminder that our technology is just a tangled connection of imperfect, haphazard systems we have come to let run our lives.
The year 2000 or the Y2K problem is caused by a "short cut" imbedded into many computer and microchips. In the 1960s, t
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