The millennium bomb

The millennium bomb

On the eve of the second millennium and the beginning of the third millennium, I wrote an article that said: If the reason why agricultural communities in general move to industrial societies is due to the invention of the machine, the reason for the transition of the industrial society to the information society is due to the invention of computers more than half a century ago.

The most important development in the computer world came in the late 1950s, with the creation of Kobol, a very easy computer language that became very easy for everyone to use, and served as the basis for the contemporary information revolution.

In order to save precious space on the perforated cards in which computers were operating those days, the date of the year was shortened to only two numbers.

This small technical error was the plant of the problem that some followers believe may lead to the end of the world, known as the problem of 200.

The problem is that many of the world's computers and microchip circuits, which manage everything from electronic ATMs to home video devices and intercontinental ballistic missiles, will ensure a programming flaw, rendering them unable to read the 2000 history.

The problem of 2000, as a global network of interrelated consequences, begins at the center in technically developed countries but will soon spread to the rest of the world at a frightening speed, experts predict.

At the economic level, the total cost of dealing with the 2000 problem globally is $600,300 billion, which is the direct cost alone, associated with attempts to address the problem, and the expected economic damage may be as high as $120 billion.

At the technical level, you should be aware that over the past 40 years thousands of programmers have written billions of lines of electronic code, software for computers on which the world's economy and societies now depend.

Therefore, one analyst points out that 180 billion lines of code will have to be isolated globally written in perhaps nearly 2,500 computer languages.

John Peterson says in an article entitled The Problem of the Year 2000: We are talking about a problem that was initially called the Millennium bug and then escalated by the growing sensitivity regarding the seriousness of the impending crisis to become the millennium bomb.

"The millennium bug can hit everything, the astrologers say it's the end of the world," says Richard Lacayo in an article entitled apocalypse now.

Damien Thompson, in an article entitled (The Ominous Electronic Millennium) : Pessimistic Predictions of Disasters In the Wake of the Collapse of Computers due to the 2000 Problem leave an excitingly familiar resonance among millions of millennials around the world: public panic, government paralysis, food riots, and planes crashing into skyscrapers.

The issues under discussion here are: time, people, money, the nature of systems.

Indeed, the economic implications for the global economy are enormous and unknown.

Ross Wagner's rules in an article entitled The Problem of the Year 2000 on the Stock Exchange and the Economy: The computer problem of 2000 during some time in 1999 could lead to a worldwide economic deterioration in the financial markets, so if it happens, the recession will remain camped on the global stock market.

Investors are likely to hold their breath during the months of 2000, reluctant to deal in stocks until they are convinced that the whole year will successfully get rid of the effects of the 2000 problem, so their reservation could delay the recovery of the world's financial markets until 2001.

These financial impulses are like a bold child who knows how far he can step over a pool of ice, but rushes back with great dismay to the beach at the first sight or first sound he hears of cracks in the ice, but he soon returns the adventure ball, again.

Such a mentality can only accelerate the rush to the financial shore caused by the multiple and imminent cracks of the millennium problem in the economic ice and such cracks will begin to emerge in late 1999.

The problem of the year 2000 is a very serious and prolonged problem affecting various aspects of our lives, and it is clear that this problem is in urgent and urgent need of a timely solution to prevent a serious economic shock to the global economy.

Since the stock market is only a reflection of the sound performance of the economy, the global stock markets are likely to reflect this economic shock through the further fall in their price.

In conclusion, I say that the Earth will continue to revolve around the sun and approach the year 2000, and if we do not can move immediately from rhetoric to seriousness of action, from political discourses to collective economic participation, and if we do not begin to communicate together for the common purpose, we will live in a frightening situation at the dawn of that day, entrusting computer experts, and will suffer consequences that could have been avoided if we had learned those lessons and prepared the necessary tool.