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The Millennium Bug Whethe r there's been too much or too little hype about the much- reported Y2K computer glitc h remains to be seen. Some people are already preparing their shelters, stocking their larders , and arming thei r weapons; others are worried that their investment s and bank accounts will disappear into the bowels of their bank's computers, never to be seen again; and still others regard the entire issue as nothing more than media hype. dates going down, and then January 3,2000 , you can they started going up, and count on us finding a way to "Historically, the fin de siede yet no evidence of disruption bill you for whatever you (end of century) has caused or chaos in the economy, so bought from us prior to quite a stir. Until now, howev if they could do it then, Armageddon. Even if we have er, there has been little fac surely we could deal with it to write your invoice on the tual basis on which doomsay- now, it seems to me." back of bubble gum wrap ers and apocalyptic fear —Senator Phil Gramm pers, we're going to bill you. mongers could spread their (R-Texas) This is the promise our gospel. After studying the lawyers made to us and if s potential impact of Y2K on "Please note all Rivers the same promise we're the telecommunications products are Y2K compliant going to make to you. It's the industry, hearth care, econo Please buy up big." only thing we're going to my, and other vital sectors of —From the catalog of guarantee you—but at least our lives, I would like to warn Australian clothing we're guaranteeing that we have cause for fear. retailer Rivers something." For the failure to address the —From Hart millennium bug could be "We can observe what Scientific's "Absolutely catastrophic." happens in Western Samoa, Unofficial" Weh Page New Zealand, and Australia, —Senator Daniel Patrick and have six hours to make Moynihan (D-New York) plans." "It's just not going to hap pen. ... The whole Y2K thing "Well it seems to me we —Sunggu Aritonang, head is an absolute yawn. I am so ought to be encouraged that of Indonesian state elec in the year 1000 they had to unconcerned about it that tricity provider PT PLN's add a new digit, and you had millennium hug task force it's hard to build a fire under me at all." no evidence of economic —Don Heath, President, disruption. And then the "Even if our accounting millennium before, we had Internet Society software stops working on 48| November/December 1999
Journal of Business Strategy – Emerald Publishing
Published: Jun 1, 1999
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