Word: offing
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Dates: during 2000-2009
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The United States alone spent $100 billion to remedy the Y2K problem, some of which was used to promote readiness in other parts of the world. The Pentagon's efforts to ensure safety in the Russian nuclear arsenal were especially welcome. The efforts of the government and the private sector...
This money was not only insurance against Armageddon; it had secondary benefits for the companies and individuals involved in the effort. First, many companies' outdated computer systems were updated, enabling them to meet consumers' needs faster and more efficiently. Furthermore, the experience of finding dangers hidden in seemingly innocuous software...
More importantly, we are finally seeing how the hard work and hype truly averted a serious problem. Now, Y2K-related errors are popping up in some more important computer systems. The Y2K consulting firm the Gartner Group reported that some of its clients had problems ranging from a computer that...
While many now decry the media hype and billions of dollars spent on the Y2K bug when no major consequences have occurred, the early efforts were what prevented serious problems from occuring. We must remember that the precautions taken by government and industry enable us to sit here and complacently...
U.S. actions regarding the Y2K crisis can hardly be seen as early or admirable. The U.S. did not fully address or acknowledge the problem until the latter part of the '90s--a good 20 years after the issue was first brought to light. As early as 1971, our nation's...