The Computer Bug That Almost Ended The World | The Y2k Debacle - YouTube

Channel: NationSquid

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The year 2000 was going to be very special, for  a multitude of reasons. We were entering into
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a new millennium, a new era, a year that  only existed in Science-Fiction stories.
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This was by no means a conventional New Year. It  was finally the future, but maybe not the future
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everyone was anticipating. Millions of people  around the world spent their last moments in
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the 1900s staring at the clock, but not for the  reason that you think. Instead of celebrating,
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they were terrified, because as soon as the clock  struck midnight, the world was going to end,
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and within the blink of an eye, the year  2000 would instead be a future now past.
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Word had been going around about this upcoming  event for years now. The public even coined a name
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for this phenomenon: Y2K, and as the late 1990s  creeped up and the year 2000 approached, people
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crowded up stores across the world and lined up to  buy food, water, weapons, and supplies to create
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survival kits, because on this date, according  to many credible sources, computers would
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malfunction, prison gates would open, dams would  flood, banks would lose all their money, nuclear
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missiles would launch by themselves. They did this  because they were told the end was year, but why?
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What exactly caused such a strange worldwide  panic like this one, to arise? If the year
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and how it was able to cause such the level  of panic that it did, we first need to discuss
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what exactly all of it means. To be clear, world  ending predictions were by no means a new thing,
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but no this was something different. Y2K  wasn’t just some Armageddon story made up
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by conspiracy theorists, this was actually  something that might have validity to it,
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and many people at the time took note of this, and  prepared for the worst. And that’s exactly what
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made Y2K such a crazy story. In fact, there were  three big things going on in the 20th century, and
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especially the 90s, that were responsible for the  Y2K scare: the exponential growth of technology,
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the ambiguity and mystique that was present  behind the brand new personal computer, and the
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overwhelming access of information that the world  saw at the end of the century. And these factors
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also tie into the origins of the Y2K story; so  what exactly was the story, how did Y2K work?
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The answer to this question actually goes farther  back than you might think. The first known mention
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of Y2K as a legitimate issue goes back to 1958,  discovered by an IBM employee: Bob Bemer, who was
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also one of the most renowned computer scientists  of the 20th century. He proposed his idea during
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a time where computers were still brand new,  a lavish and costly byproduct of World War II,
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but with time, these machines could become  incredibly sophisticated and part of our everyday
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lives, and he recognized this. In 1958, memory  was extremely expensive, and naturally to save
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money while maximizing efficiency, they removed  what they thought was redundant information.
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And that’s what Y2K was centered on, it all  had to do with how numbers were presented
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on a clock; that’s where the term Y2K comes from,  abbreviating “Year 2000.” You see, computers at
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the time only took the last two digits of a  year into account when calculating the date,
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having the “1-9” at the beginning of each set of  digits just used up more memory than was worth.
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The last two digits were more than fine. It is not  like people were looking at these computers to see
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what year it was anyway, it was used for logging  and record keeping, and the last two digits were
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plenty for that. There were even some computers  that only used one digit to represent the year:
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so instead of 1978 you just had 8. I mean  everyone knew it was still the 20th century…but
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what would happen as we approached the 21st  century? Well naturally, the year 2000 would have
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to be represented as 00, but how would a computer  that only stores the last two digits of a year
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react to that? Would it read as 100,  or would it backtrack and read it as 0,
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and slowly tick back up as the year’s  progress? Is the year 2001, or 1901?
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Now at face value, this probably seems  like a mixed bag in terms of severity.
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There were those that saw this as just people  overthinking how a computer operates,
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“They’re making too much out of  it. It’s not gonna be anything,
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just another day. Of course I may be wrong.” while others saw just how serious the
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implications of this could be. “I don’t think we have enough time,
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because as the year goes on, supplies  are going to be less and less.”
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Keep in mind, even at the time, computers don’t  just store dates and times to be organized and
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keep records, they also use these dates and  times to make important calculations with data.
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The bank is a great example of this. There were  fears that on Y2K, all of the money in the banks
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would be gone, and there’s a valid reason to  think this, and it all has to do with computer
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error. It’s not like on January 1, the money would  just disappear from all the safes, but instead the
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bank servers and computers would calculate the  money’s interest based on the time and date. If
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the computers were to clock back to zero, the  interest would likely be all over the place.
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That’s what people feared, and that actually was  the case. On January 1 2000, a man in Germany
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very briefly had $6 million in his bank account,  with the transaction for the interest on his
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account dating to December 30, 1899. The bank was  calculating all the interest that had compounded
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since that date. Now that was just one bank that  didn’t update their software on time. Imagine this
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on a global scale. People see their new account  balance, they scream a couple of Eurekas, and now
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thousands of people are withdrawing huge amounts  of money at the bank. Or maybe you have the
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opposite problem: a bank transaction is read as  being dated 1999, and the computer panics because
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it thinks it’s 1900, and calculates the interest  backwards. Now people’s accounts are in overdraft,
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they panic sell all their assets, they take  out loans, and now the banks are again empty
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that way. This is actually very similar to what  happened with the stock market crash in 1929,
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but instead it’s with computer bugs. Not only  that, in Japan, nuclear energy plants actually
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had several alarms start to go off a couple  minutes after midnight due to this bug. What if
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the same were to happen with missiles, and create  false alarms of a potential nuclear attack?
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Now you probably see where the problem  lies, and naturally why people panicked,
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and banks and nuclear missiles were only part  of it. All these issues created by the bug would
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make the everyday necessities and privileges of  society to malfunction or even cease to exist,
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which would lead to anarchy and before you know  it, full out civil war. Y2K would be the quick
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domino effect for the end of the world. But let’s  go back a bit, and see what our options are,
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because luckily Y2K can be stopped, but it’s going  to take a lot of work, and be very expensive.
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This is exactly what people in the late 90s  were thinking. They had to act fast, and in
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many respects, they did. There’s a scene from  “Office Space” that actually describes Y2K and
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the debug effort perfectly, a film that’s actually  from that era and came out before the year 2000,
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an adult comedy unintentionally serves as a  valuable primary source for studying Y2K.
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“I sit in a cubicle, and I update  bank software for the 2000 switch.
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To save space they use two digits for the date  instead of four, so like 98 instead of 1998. Uh,
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so I go through these thousands of lines of  code and uh…it doesn’t really matter.”
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But keep in mind just how last minute all of this  was. Back in 1958 people mostly disregarded the
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warning proposed by Bemer. Both due to distance  in time and constantly changing technology.
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2000 was still 42 years away, we had some time to  worry about it. But as humanity continued putting
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it off and procrastinating on fixing the problem,  the date continued to come closer and Y2K was
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presenting itself as more of a bigger threat every  day. But people in 1958 assumed that 40 years from
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now, the old computers would have been upgraded  by then to acknowledge and fix that problem,
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except in many cases, that was not true. Lots  of companies who didn’t feel the need to put
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all this effort and money into upgrading their  machines just stuck with the old technology.
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As you can clearly see, there’s a bit of a  contradiction here. People believed that in
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the future all of the computers and their software  would be updated to fix these problems by then,
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but at the same time, a lot of these companies had  no reason to upgrade because the thirty-year-old
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machines still worked. People just didn’t know  what to do with all this technology that was
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continuously advancing at an unprecedented  rate, and this was apparent with the general
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public’s perception of Y2K as well. People  constantly had to adapt to new things and ideas,
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to the point where change became almost  routine. Oh, a devastating computer bug
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is about to end the world? Might as well prepare  for the worst. It is very easy to underestimate
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just how much technology changed during the 20th  century. We went from the horse and buggy to the
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Hubble Space Telescope in one lifetime. Jeanne  Calment, who met Vincent Van Gogh when she was
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a teenager and was almost in her 40s when the  Titanic sank, lived long enough to use Netscape
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Navigator and see Jerry Maguire in theaters.  Technology changes a lot in one hundred years,
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and that can be intimidating. The personal computer being used by the masses
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was still a new concept, meaning that a lot of  these people didn’t really understand it, or
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really care to understand it. The general public  wasn’t putting effort into learning about the
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technical details behind the Y2K bug. They were  just living their normal lives, watching the TV
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and reading the paper and reading on the internet  what the media was telling them, and that was
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the key component which really brought the Y2K  panic to its extreme. Consequently, in the 90s,
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you had the rise of fake news. This is not to say  that Y2K was some fabricated and convoluted hoax,
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because it wasn’t, but it was embellished.  Consider the amount of money countries spent
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on updating software to be Y2K-Proof. The  United States spent so much more money on
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Y2K remediation, whereas Italy spent very little,  and both countries experienced roughly the same
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level of Y2K problems. But this doesn’t take into  account what Italy spent on government departments
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and business testing, which could have been in the  billions. So, yes Y2K was serious and could have
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caused some significant problems if not catered  to, but end of the world serious? Probably not.
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But this didn’t stop the news from telling people  that airplanes were going to fall out of the sky
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and that a worldwide famine would occur. “8! Airlines and trains may come to a hault.”
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The 90s were essentially a transitioning  point between having to believe everything
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you hear on the news because its all you have, and  anyone being able to write the news. In the 60s,
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when televison was still new, you mainly had  people like Walter Cronkite just sitting, in front
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of the camera stating the news, stating the facts,  and you had newspapers. The only information you
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could really get was from corporate companies who  specialized in research and accuracy. In the 90s,
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you had the internet, more news, more information.  You can thank the personal computer for this.
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An explosion of easily accessible information and  more people being able to share their opinions
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through blogs, online journals, etc. With the  internet, everyone had equal representation,
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including the reputable and maybe some of the  more…unconventional. People could post whatever
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they want, and gain popularity from it, even  if they were lying. This was the case with Y2K,
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you now had a ton of misleading tabloids and news  coverage about how the apocalypse was on its way,
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preying on generations of people who were still  used to the old ways of retrieving information.
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It was the perfect recipe for disaster. “3! 2! 1! Happy 2000!”
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And to many people’s surprise, on January  1 obviously nothing dangerous happened,
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and people, shortly after, began to take  note of the sensationalism that had just
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occurred. Christian Author Col Stringer put it  eloquently that many preachers who took advantage
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of people’s feelings during the Y2K scare never  “apologized for their scare-mongering tactics.”
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The same could be applied to the media.
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The United States would end up spending  roughly $100 billion on the Y2K Repair Bill,
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designed to combat any glitches related to  the 2000 switch. Regardless of how severe
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things could have been, Y2K was not fake, it  was avoided. But because computer glitches
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are often so unpredictable and can yield  different results depending on the setup,
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there is theoretically no way of knowing just how  much damage Y2K could have caused. Whether or not
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the United States would have been okay without  the Y2K Repair Bill will always be speculation,
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but despite all the fear-mongering Y2K created,  there was some good that came out of it.
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It essentially forced thousands of computers  to upgrade to the latest and greatest software,
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something that likely wouldn’t have happened for a  long time had a glitch like it not present itself.
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It not only prepared people to be more  critical of the things they are told,
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but it also taught them to consistently adapt  to an ever-changing world. So, thank you Y2K,
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for finally taking us to the  future that we always wanted.
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Thank you so much for watching.  If you enjoyed this video,
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