General Discussion
In reply to the discussion: I don't know how many of you all remember late 1999. [View all]da svenster
(70 posts)...was that they had no choice but to implement systems from the beginning to handle the situation. the day they computerized, they knew they had to be able to handle someone born in 1895.
some bank systems - e.g., mortgages and long term securities - were patched ahead of time (30 year mortgages or 20 year securities had to be ready for when the term would pass 2000-01-01).
but things like ATMs? not a guarantee. it was a lot of "those 2 extra bytes are gonna cost a lot in storage over the thousands or millions of records we have". there was a belief that it was a problem we could kick down the street, and we did until the 90s (kinda reminds me of climate change, but CC doesn't have a date you can point to on the calendar and say "THERE - THAT'S THE DEADLINE DATE" .
imagine not being able to get money, not being able to pay for food, put gas in your car because suddenly the expiration date on your credit card was 1900 - some ancient COBOL or RPG code wasn't patched (and COBOL and RPG run a huge portion of the banking, distribution, and manufacturing world even today).