Also, many programmers figured that as new technology developed, new programs would be written. But in many cases it was more economical to keep the same reliable software, rather than spend money on more programs, training, etc. The next millennium starts on January 1, 2001. This is because there was not a year 0. Also the computer problem is not really caused by the ending of the millennium, but is caused by the ending of the century .
Computers adjust power by the amount of demand.
In the unlikely event that computers were to shut off power, service would be restored very quickly. I heard that the Federal Reserve is printing millions in reserve money in case there is a run on the banks. The truth is that almost all financial institutions will be ready. Many people stand to profit from the Y2K hype, including myself. I have been obsessed with calendars since age twelve.