Cost
The total cost of the work done in preparation for Y2K is estimated at over US$300 billion ($405 billion in 2013 US dollars). IDC calculated that the U.S. spent an estimated $134 billion ($181 billion) preparing for Y2K, and another $13 billion ($18 billion) fixing problems in 2000 and 2001. Worldwide, $308 billion ($416 billion) was estimated to have been spent on Y2K remediation. There are two ways to view the events of 2000 from the perspective of its aftermath:
Read more about this topic: Y2K Problem
Famous quotes containing the word cost:
“Life! Life! Don’t let us go to life for our fulfilment or our experience. It is a thing narrowed by circumstances, incoherent in its utterance, and without that fine correspondence of form and spirit which is the only thing that can satisfy the artistic and critical temperament. It makes us pay too high a price for its wares, and we purchase the meanest of its secrets at a cost that is monstrous and infinite.”
—Oscar Wilde (1854–1900)
“Now that is the wisdom of a man, in every instance of his labor, to hitch his wagon to a star, and see his chore done by the gods themselves. That is the way we are strong, by borrowing the might of the elements. The forces of steam, gravity, galvanism, light, magnets, wind, fire, serve us day by day and cost us nothing.”
—Ralph Waldo Emerson (1803–1882)
“I acknowledge that the balance I have achieved between work and family roles comes at a cost, and every day I must weigh whether I live with that cost happily or guiltily, or whether some other lifestyle entails trade-offs I might accept more readily. It is always my choice: to change what I cannot tolerate, or tolerate what I cannot—or will not—change.”
—Melinda M. Marshall (20th century)