Part 1 of Essay
, also known as the Y2k Problem or Millennium Bug, refers to the inability of computers to accurately process dates in the year 2000 and beyond. On New Year's day, 2000, millions of computer calendars will read the date as 01/01/00. The obvious problem with this is that the year 2000 will be interpreted as 1900. Millions o ....

Part 2 of Essay
.... failure. Typically, in scenarios of this nature, computers do one of two things: freeze up and/or shut down. Date computation functions are used on millions of software applications, thus affecting millions of computers world-wide. It not only affects calculations for interest rates, inventories, or insurance policies, but every major aspect of our modern economic infrastructure. Government agencies, businesses, and financial institutions use software applications that contain date computation functions. The foll ....