Recommended Resources
Cyberhaven.com Offshore havens, asset protection, global investing and other useful techniques.
The Year 2000 Bookshelf Books to help your evaluate the Y2K problems you face.

Gary North's Y2K Links and Forums - Mirror

Summary and Comments

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Category: 

Noncompliant_Chips

Date: 

1997-06-10 00:00:00

Subject: 

How Important Is This Problem? Very.

  Link:

http://www.computerweekly.co.uk/news/8_5_97/08598503239/H1.html

Comment: 

COMPUTERWEEKLY NEWS (May 8, 1997) identifies these areas as being crucial. They all use embedded systems: programmed chips. "They keep nuclear cores stable, the oil, gas, water and electricuty flowing; they keep intensive care units operating and the forces armed and mobile. If they fail, our world implodes. And embedded systems are located everywhere."

The problem is, no one knows which ones are 2000-compliant. But one engineering firm has reported the following horrifying assessment: "There is some indication that we have a bigger problem in engineering systems than we do in general IT. The cost could be several times greater."

(The Gartner Group has estimated the repair cost of IT at $300 billion to $600 billion.)

Link: 

http://www.computerweekly.co.uk/news/8_5_97/08598503239/H1.html

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