This began when computer memory was expensive in the early days of computers, and still continued through the years. This means that programs with the chip will not distinguish between the years 2000 and 1900. The Y2K bug is a possible problem that could lead to numerous disasters therefore people should prepare themselves for these possible outcomes through education and by taking precautions needed for safety. The term compliance when referring to computers means when the real-time clock inside of a computer turns to the year 2000, it will recognize the year as 2000 and not 1900. It will save the customer a lot of money and will last longer than ones not compliant.
Many people are worried about their finances in banks.
There are several issues that people should be concerned about and prepare accordingly. ATM systems, for example, may have some errors with accounts. By keeping printed statements on all accounts, both checking and savings, one could save much of their time and hassle if anything should go wrong with the memory with the computers at banks. Self-Reliance Because our country is so dependent on computers to run our sewage plants, distribution of food and almost everything else that we need to live, proper precautions need to be taken in case Y2K affects them. One scenario that might take place in the Y2K is that water plants might be down and no water will be distributed to people in their homes.