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The Y2K bug, or more formally, the {{w|year 2000 problem}}, was the computer errors caused by two digit software representations of calendar years incorrectly handling the year 2000, such as by treating it as 1900 or 19100. The {{w|year 2038 problem}} is a similar issue with timestamps in {{w|Unix time}} format, which will overflow their {{w|Signed number representations|signed}} 32-bit binary representation on January 19, 2038.
 
The Y2K bug, or more formally, the {{w|year 2000 problem}}, was the computer errors caused by two digit software representations of calendar years incorrectly handling the year 2000, such as by treating it as 1900 or 19100. The {{w|year 2038 problem}} is a similar issue with timestamps in {{w|Unix time}} format, which will overflow their {{w|Signed number representations|signed}} 32-bit binary representation on January 19, 2038.
  
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While initial estimates were that the Y2K problem would require about half a trillion dollars to address, there was widespread recognition of its potential severity several years in advance. Concerted efforts among organizations including computer and software manufacturers and their corporate and government users reflected unprecedented cooperation, testing, and enhancement of affected systems costing substantially less than the early estimates. On New Year's Day 2000, few major errors actually occurred. Those that did usually did not disrupt essential processes or cause serious problems, and the few of them that did were usually addressed in days to weeks. The software code reviews involved allowed correcting other errors and providing various enhancements which often made up at least in part for the cost of correcting the date bug.
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While initial estimates were that the Y2K problem would require about half a trillion dollars to address, there was widespread recognition of its potential severity several years in advance. Concerted efforts among organizations including computer and software manufacturers and their corporate and government users reflected unprecedented cooperation, testing, and enhancement of affected systems costing substantially less than the early estimates. On New Year's Day 2000, few major errors actually occurred. Those that did usually did not disrupt essential processes or cause serious problems, and the few of them that did were usually addressed in days to weeks. The software code reviews involved allowed correcting other errors and providing various enhancements which often made up at least in part for the the cost of correcting the date bug.
  
 
It is unclear whether the 2038 problem will be addressed as effectively in time, but documented experience with the Y2K bug and increased software modularity and access to source code has allowed many otherwise vulnerable systems to already upgrade to wider timestamp and date formats, so there is reason to believe that it may be even less consequential and expensive. The 2038 problem has been previously mentioned in [[607: 2038]] and [[887: Future Timeline]].
 
It is unclear whether the 2038 problem will be addressed as effectively in time, but documented experience with the Y2K bug and increased software modularity and access to source code has allowed many otherwise vulnerable systems to already upgrade to wider timestamp and date formats, so there is reason to believe that it may be even less consequential and expensive. The 2038 problem has been previously mentioned in [[607: 2038]] and [[887: Future Timeline]].

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