The most affected equipment in descending order of frequency of failure were PCs, servers, mainframes, networks, the internet, security systems, and embedded systems. Given the small number of glitches reported and the virtual absence of significant disruptions anywhere in the world, one could reasonably ask whether there was a y2k problem. Several replies are usually given to this question. First, a large number of knowledgeable executives spent a lot of money to fix equipment. Second, people point to equipment that did in fact fail and note that if repairs had not been made, there would have been many more failures.
Several statements made at the conference illustrate the concerns that people had.
Weiss replied, We did not know that it would work. We thought it would work. We were fairly confident that it would work. We had done everything we could think of to be sure that it would work. But we were not sure.