The geeks save the day, even outclevering the semi-evil capitalist. The Good News is that Joseph gets so much else wrong that, based on the fact that he predicts disaster, we'll probably have a fairly easy time of it. The one concept he does seem to understand is that the most serious Y2K problems arise from the interconnected nature of modern systems, and the fact that small problems, added, multiply themselves. This is good, and is used to good effect at times in the story. The list of negative accomplishments is rather longer.
Lets start with stereotypes.
Y2K fixing software. We have the traditional, mythical salami scam. We have the hygienically challenged genius hacker who starts out as a completely irresponsible flake, and suddenly transforms into a dedicated, managerial, recruiting, social worker. We have the multi-millionaire tycoon having his bagel every morning and shooting the breeze with the boys from the old 'hood. This is the same guy who alienates his wife and kid by never having time for them.