The bottom line for Y2K

 

roundup

As 2000 looms closer, estimates continue to rise on the amount governments, businesses and ordinary citizens will have spent fending off dire predictions of Y2K disaster.

Federal Y2K spending hits $8.38 billion Federal agencies estimate they will spend nearly $40 million more than expected tackling the Y2K computer problem, the Office of Management and Budget says in its final report. U.S. military finishes costly Y2K fixes Pentagon computers and weapons are ready for high-tech war after a $3.6 billion Y2K fix over the past 18 months. Y2K: The cost of fear When all was said and done, untold sums of money were spent because of hype and fear surrounding the most celebrated bug in high-tech history. But was it necessary?