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Computer would think that it's 1900. the problem was it wouldn't know what to do. it would just break down and go err, can't process this. >> it could trigger widespread computer failures blackouts and breakdowns of everything from home appliances to the global financial system. >> if we left things as they are right now, the military would effectively shut down. >> the pentagon will spend at least $4 billion to defuse the millennium bomb and pentagon officials are confident they'll do it. but critics claim they started too late, and those thousands of fixes won't be done in time. >> many stat...

Many registered the year with only the last two digits assuming the first two are always 19. >> the problem was not the computer would think that it's 1900. the problem was it wouldn't know what to do. it would just break down and go err, can't process this. >> it could trigger widespread computer failures blackouts and breakdowns of everything from home appliances to the global financial system. >> if we left things as they are right now, the military would effectively shut down. >> the pentagon will spend at least $4 billion to defuse the millennium bomb and pentagon officials are confident ...

>> the brains of most computers, the chips that do the thinking have tiny built-in clocks. many registered the year with only the last two digits assuming the first two are always 19. >> the problem was not the computer would think that it's 1900. the problem was it wouldn't know what to do. it would just break down and go err, can't process this. >> it could trigger widespread computer failures blackouts and breakdowns of everything from home appliances to the global financial system. >> if we left things as they are right now, the military would effectively shut down. >> the pentagon will sp...

>> we're sitting on the most perfect beach in the world and all we can think about is -- >> where can i hook up my modem? >> in 1999, we are culturally, socially, financially quite dependent on the internet. >> in washington today a special senate committee is preparing to release a fairly alarming report on the y2k millennium computer problem. they call it one of the most serious and potentially devastating events the nation has ever effective countered. >> the brains of most computers, the chips that do the thinking have tiny built-in clocks. many registered the year with only the last two d...