The panic of New Year's Eve 1999
December 31, 2012
Remember December 31, 1999?
Okay, I hear you. And I'm with you--sometimes I have trouble remembering thirteen days ago, let alone thirteen years ago.
But thirteen years ago today, Chicago and the rest of the world were preparing for the Turn of the Millennium. We were also preparing for a possible catastrophe called Y2K.
“Y2K” was short for Year 2000, and the problem was with computers. Computer programmers had long been rendering years with the last two digits only. For example, “63″ was used in place of 1963. It was a way of saving bits on the computer.
So what would happen when 1999 clicked over into 2000? Would computers think we were moving back in time to 1900? Then anything electronic might go crazy!
Massive power failures! Financial records gone! Elevators crashing! Planes falling from the sky! Missiles being launched by mistake! During the late 1990s, a whole industry of Y2K-fixers sprang up. And of course, there was the usual Presidential Commission to study the matter.
As doomsday approached, Chicago got ready for the worst. Local businesses coughed up over $2 billion to upgrade their computers. Motorola was the biggest spender at $230 million, followed by Abbott Labs at $100 million. Previous post in John R. Schmidt
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