Not "probably". I was involved at ground level fixing code for BP in '98. Can say without a doubt that bad things would have happened. And not because my salary depended on it - there was no shortage of opportunities to work on other things, obviously. It was legitimately an issue that would have crippled the energy industry (major players, and all their many, many dependents). I infer from this experience that the impact would have been the same on many other industries (e.g. finance, resource development) directly and indirectly.
But it is a great example. I still run into people who recall Y2K as an example of much ado about nothing. No, no!! It wasn't an issue for you because many people worked hard to prevent the problems.
Those problems were not terribly complex just pervasive and critical, requiring a high LOE. It wasn't like a huge moon-landing engineering problem to be held up as some accomplishment of humanity, more akin fixing a lot of dumb Challenger o-ring problems before a blow-up.
But it is a great example. I still run into people who recall Y2K as an example of much ado about nothing. No, no!! It wasn't an issue for you because many people worked hard to prevent the problems.
Those problems were not terribly complex just pervasive and critical, requiring a high LOE. It wasn't like a huge moon-landing engineering problem to be held up as some accomplishment of humanity, more akin fixing a lot of dumb Challenger o-ring problems before a blow-up.