Boosters of information technology, flush from the cost savings and increased productivity they attributed to computer systems and high-tech automation, took it right in the solar plexus when a report surfaced that global expenditures for fixing the millennium bug could be as high $600 billion. Media outlets, including CNET'S NEWS.COM, began exploring arcane issues such as the renewed demand for COBOL programmers and the legacy mainframes that will spit out incorrect data and make Social Security checks bounce.
What exactly is the vulnerability of computers and databases going to "00" in the year 2000? Will driver's licenses not get renewed, the IRS's systems crash, or airplane traffic control collapse? The myths have really gathered a lot of momentum, and CNET's special feature on the misconceptions behind the millennium bug devotes an objective look at the various cost estimates, the critical systems that will likely enter the next century unscathed, and software that's prone to failure. In addition, check out the clips from CNET TV's "Crash of 2000" special. The clock is ticking, and expensive solutions promise to manage the madness, but before you buy that, analysts, techies, and programmers gave CNET the word behind the hype.