Confused by any of the jargon you see below? Check the Y2K Glossary!
I am one of those who, based on comments from numerous speculators, including Ed Yourdon, was expecting more blatant problems by this point. However, it could be a serious mistake to conclude that the hard work of Y2K project members is responsible for the lack of trouble to date, and therefore bodes well for the future. There are countries where Y2K work has barely begun, yet I don’t see them falling apart at the seams because of 1999 problems. Why not? Either the entire problem was grossly overestimated, in which case the world may have wasted over a trillion dollars on fixing it, or the 1999 problems are trivial compared to a truly big problem to come later. I believe either of these possibilities is more likely than the “we’ve got it under control” conclusion.
Bill Byars, Time Bomb 2000 Forums (LUSENET), 05/18/99