How big a deal was Y2K?
In the run-up to new century, the United States spent about $100 billion
combating the bug—around $9 billion by the federal government,
and the rest by utility companies, banks, airlines, telecommunications firms,
and just about every other corporate entity with more than a few computers.
Nov 11, 2009
And only 18 more years before we get to do it all over again!!
The Year 2038 problem (also called Y2038 or Y2k38 or Unix Y2K) relates to
representing time in many digital systems as the number of seconds passed
since 00:00:00 UTC on 1 January 1970 and storing it as a signed 32-bit integer.
Such implementations cannot encode times after 03:14:07 UTC on 19 January 2038.