The cost of Y2K
While a government report says the bulk of the estimated $100 billion to fix Y2K problems has already been spent, recent lawsuits suggest that litigation costs may have just begun.
roundup |
While a government report says the bulk of the estimated $100 billion to fix Y2K problems in the United States has already been spent, recent lawsuits suggest that litigation costs may have just begun. "The greatest cost to our economy is behind us ... Any glitches that pop up next year should not hurt our economic growth." - William Daley, Commerce Secretary |
| Report: U.S. to spend $100 billion fighting Y2K U.S. government agencies and organizations will spend more than $100 billion fighting the Year 2000 technology problem, much less than many earlier forecasts, according to a government report.
SEC files suit against Y2K toolmaker
Multiple Y2K fixes could touch off legal maelstrom |