Experts say the $100 Billion spent on the computer bug was necessary
As the countdown clocks rolled from 1999 to the year 2000 everyone around the world waited anxiously to see if the Y2K computer glitch would strike. After all, the United States alone had spent $100 billion on Y2K fixes. When the year 2000 dawned and nothing extraordinary went wrong, event though that was the plan, many wondered if the money spent was worthwhile. Was it really needed?
Top U.S. government and private sector technology experts say the money was well spent. When nothing happened that proved their point that the computer glitches were fixed.
``We should be careful not to confuse the lack of catastrophic
disruptions with unnecessary preparations by the federal government,'' said
Fernando Burbano, the State Department's chief information officer and head
of an interagency panel on protecting critical U.S. systems.
The Commerce Department estimated in November that Y2K cost about $365 per person in the United States. Thats a total of about $100 billion by next year.
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