The world spent up to $600B to avert the Y2K computer glitch

Read an oral history of the Y2K panic

This oral history brings together programmers, engineers, and officials who first identified the date flaw and then spent years alerting the public to the danger and racing to repair millions of lines of code.

A Y2K glitch billed one VHS renter $91,000 for a movie

At a video store in upstate New York, a date rollover error marked a customer’s 1999 rental as 100 years overdue, resulting in a $91,250 bill. The store quickly fixed the bug and gave him a free rental as consolation.

Relive the millennial panic with 'Surviving Y2K'

This multi-episode series follows host Dan Taberski as he interviews coders, survivalists, conspiracy believers, and others who lived the Y2K scare firsthand—while weaving in his own personal story from 1999, providing a more intimate view of the crisis.

The Year 2038 problem is the next potential computer time rollover bug

Many older systems store time as a signed 32-bit integer counting seconds since Jan. 1, 1970. That counter maxes out on Jan. 19, 2038—overflowing into negative time and sending clocks back to 1901, potentially crashing any older software that depends on accurate dates.

Time magazine ran a cover story titled 'The End of the World as We Know it?' in January 1999

In January 1999, Time published a dramatic Y2K cover with apocalyptic imagery and dire headlines. The portrayal likely exacerbated public fear and magnified the crisis in the popular imagination, turning a technical issue into a cultural panic.

Dot-com companies paid $44M for Super Bowl ads in 2000

During the 2000 Super Bowl game, 17 dot-com companies paid $44M total for ads. Just the next year, only three dot-com companies ran ads in the game. The significant drop reflects just how hard the crash hit dot-com companies and how unsustainable the businesses were.

Explore the cost of major viruses and other malware incidents through 2017

The first significant malware was the Morris worm in 1988, which caused an estimated $10,000 to $10M in damage to computers. With $38B in damage caused, Mydoom is the most costly piece of malware in history. Spread via email and, at one point, accounting for about 25% of all messages sent worldwide, the malware infected computers to create a botnet that launched cyberattacks.

In 2024, global ad spend surpassed $1T for the first time

Organizations like GroupM and WARC began predicting this record high in 2023. Five large tech companies (Alphabet, Meta, Amazon, Alibaba, and TikTok parent ByteDance) were predicted to account for more than half of all global ad spend in 2024.

The dot-com boom sent tech stocks soaring before a historic collapse

A look at the dot-com bubble, when investors poured money into unproven internet startups, driving the Nasdaq to dizzying heights before it crashed by more than 80% after 2000, showing how new technologies can detach markets from reality.

In 2025, American tech companies will spend $300B to $400B on AI

That is, in nominal dollars, more than any group of companies has ever spent to do anything. Notably, these companies are not remotely close to earning $400B on artificial intelligence.

Many dot-com companies spent some investor money on expensive parties

Parties hosted by dot-com companies were known to be extravagant and expensive. Technology companies in the Bay Area hosted between 15 and 20 parties a week on average, which cost between $30K and $50K on average.

Online Black Friday shoppers spent over 10% more in 2024 than they did in 2023

Online shoppers shelled out some $11.3M per minute between 10 am and 2 pm on Black Friday 2024, according to Adobe Analytics data. The $10.8B online shoppers spent on Black Friday 2024 was more than double the amount they spent online in 2017.

More than 650 companies went public in the US in 1996

As the dot-com bubble reached its peak, most dot-com companies went public with little proof of being profitable and were often overvalued. In 1999, the Nasdaq's price-to-earnings ratio (a tool used to determine a stock's value that divides its price by earnings) hit 90.2, signaling that many companies were operating at a net loss. Startups promised investors that more time and money would help scale their businesses and become profitable.

In 2018, it took about 2.3 years to develop a way to exploit a software bug for malicious purposes, but as of 2026, AI tools have reduced this time to about 20 hours.

Grace Hopper warned against prioritizing hardware purchases in future computing

Foreseeing the rising volume of data and the increasing demand for its processing and access, she advocated that organizations first map the total flow of information they require and then choose infrastructure to support it, rather than wastefully spending on the fastest computing technology and forcing software to compensate for unnecessary hardware or incorrect data.

Visualizing the multibillion dollar cost of US weather disasters

The US has sustained 332 weather and climate disasters since 1980 where overall damages/costs reached or exceeded $1B (including CPI adjustment to 2022). The total cost of these 332 events exceeds $2.275T.

Visualizing cyberattacks by country

Cyber crime is expected to cost the global economy trillions per year by 2025. This data illustration showcases the countries with the most severe cyber attacks from 2006-2020.

The dot-com bubble burst in the early 2000s

If you’ve heard of companies like Google and Yahoo, you’re already partially familiar with the dot-com bubble: a period from roughly 1995 to 2001, when internet companies were the hottest thing in venture capital. The “bubble” part of the term refers to the industry’s eventual implosion.

The first compiler to facilitate communication with computers was developed by Grace Hopper

The A-0 program linker automatically translated mathematical symbols into machine-readable binary code. Although it took two years for computer executives to get on board with the idea, the technology was foundational to future programming languages that allowed computers to understand commands written in word-based languages.

Mental illness in the US costs roughly $282B annually nationwide.

The 2024 Synapse collapse took $90M of people’s life savings with it

In 2024, a banking middleman called Synapse declared bankruptcy. Unfortunately, it also locked roughly 100,000 Americans out of their own money, which prompted a class action lawsuit.

NASA purchased about 60% of all integrated circuits from 1961 to 1965

The US government adopted the new technology to support the development of the Apollo Guidance Computer, which would help astronauts fly to the moon. This drove manufacturing up and costs down, setting the stage for the modern computing era.

The Chernobyl virus earned its name for activating on the meltdown's anniversary

Affecting Windows 95 and 98 computers, it filled gaps in the code of any program opened after infecting a computer, earning it the nickname "Spacefiller." On April 26, 1999, the virus overwrote part of the software responsible for booting up a computer, rendering it unusable.

The dot-com bubble burst in 2000 when the Nasdaq dropped more than 76% in roughly 2 years

Between 1995 and 2000, the Nasdaq Composite index jumped from roughly 1,000 to 5,000 amid excitement over new internet companies. As venture capitalists dumped money into startups, those same companies struggled to turn a profit, leading to a bubble. The Nasdaq wouldn't reach its former high until 2015.

NASA fixed Voyager 1’s glitchy memory from 24 billion kilometers away

In November 2023, Voyager 1 began sending unusable data due to a stuck bit in a decades-old memory chip. After months of investigation, engineers managed to reroute the faulty code to a new memory location, restoring functionality in April 2024.

The 'big bang' of the dot-com era: Netscape's stock price doubled on the day of its initial public offering

The company behind the browser that revolutionized search went public on August 9, 1995. Just before the IPO, the company increased its initial opening price from $14 to $28. On the day the company went public, shares traded as high as $71 before closing at $58.25. The company's market capitalization exceeded $2B. The eye-popping IPO is largely considered the beginning of the dot-com bubble.

Consumers will use digital payment processing for nearly $40T in spending by 2028

That's just one signal of the industry's massive growth. Investments in the global fintech industry have grown from $4B in 2010 to $92.3B in 2021, as both businesses and consumers seem to quickly adopt new fintech products, from digital payment apps to robo-advisers.

A timeline of how Claude Code was used to execute cyberespionage

In September 2025, a Chinese state-sponsored group targeted 30 large tech companies, financial institutions, chemical manufacturing companies, and government agencies by manipulating Claude Code, having succeeded in infiltrating a small subset. The cyberattack is believed to have been the first of its scale carried out without major human intervention.

Americans spent nearly $150B in sports-related bets in 2024

These bets ranged from who would win the World Series to what color clothes famous celebrities would wear to the Super Bowl. Experts believe the industry will continue to grow.

Explore internet usage data, including how humans consume 1.2 billion years of content yearly

About half this time consists of content from social media platforms, where the average user spends about 18.5 hours weekly. An estimated $3.66T was spent on consumer goods by online shoppers in 2025, though nonconsumer goods, such as flights and hotel stays, greatly increase this estimate.

VisiCalc was the first electronic spreadsheet, released with Apple II's personal computer in 1979

Before 1979, managers were essentially information processors working off paper ledgers. Scenario modeling was slow, manual, and expensive. Companies were understood as organizations that built things with financial analysis as secondary. VisiCalc made calculation so cheap that you could work iteratively, setting out forecasts and tweaking assumptions until you got the answer you wanted. Oks argues It created a new way of seeing the world.

The cost of maintaining aging voting systems

A joint analysis from the Brennan Center and Verified Voting finds that replacing aging voting equipment will cost hundreds of millions of dollars.

Minor technology failures can spiral into massive internet outages

A mix of centralized cloud infrastructure and legacy protocols leaves the internet susceptible to downtime from minor cyberattacks or software bugs, infrastructure damage caused by extreme weather, and human error if a DNS service provider—the internet's phone book—or a backend system, such as Amazon Web Services, were compromised.

'Planet Money' debates the financial indicators that defined 2025

In this end-of-year episode, "Planet Money" stages a playful debate over which economic indicators best captured the chaos of 2025—from tariffs to AI bubbles—and which signals may matter most as the US economy heads into 2026.

Paper check usage is down 83% over 25 years

At the start of the millennium, more than 68 million checks were processed daily. Amid the adoption of automated clearinghouse (ACH) payment systems, that number has sunk to 12 million a day.

Track how much the US government has spent on bailouts.

Government shutdowns can cost the US economy billions

The Congressional Budget Office estimated that the 2018-19 shutdown reduced economic output by about $11B, including a permanent loss of roughly $3B

Researchers report that Anthropic's Claude Mythos AI model has identified thousands of high-severity vulnerabilities across various software, including major operating systems and web browsers, and has suggested ways to exploit them.

Since computers rely on the distribution of electrons in microchips to represent binary code, cosmic rays and ionizing radiation from radioactive elements can introduce software errors by detaching electrons from atoms.

Visualizing the AI investment wave

This data visualization from Reuters shows how massive AI investment has become by December 2025—revealing that, in today’s dollars, spending has surpassed the combined total of the Apollo program and the Manhattan Project.

'The Million Dollar Homepage' is a snapshot of a dead internet

In 2005, 21-year-old Alex Tew set out to make $1M by selling $1 pixels on his website, effectively creating a standalone internet billboard. The gambit worked, and because the advertisements were one-time payments, the site looks the same as it did in 2005, despite many of the advertised sites going defunct since.

Watch Bill Gates trigger the Blue Screen of Death during a Windows 98 demo

During a live Windows 98 demo at a computer trade show, Bill Gates watched as the system crashed with the infamous “Blue Screen of Death”—a critical Windows error screen signaling a system failure—midway through the presentation.

America's financial burden from dementia in 2025 was $781 billion

That figure, calculated by researchers at the University of Southern California, includes medical and long-term care costs, unpaid family and friend caretaking, lost productivity for patients and their families, and the economic loss in quality of life for patients and their families. In 2025, they estimate there were 5.6 million people living with dementia.

In 2019, a laptop loaded with six of the worst malware in history and described as 'an exhibit of historical weaponry' sold for $1.3M.

How the internet became the World Wide Web: a visualization

The internet was officially born in 1983 and had more than 150 million global users by 1997, creating an international web of seemingly separate networks. This data visualization shows the growth of the internet from 1997 to 2021. Data in this...

Microsoft paid $50k for the foundation of the OS they licensed to IBM

Rather than write MS-DOS from scratch, Bill Gates purchased the full rights to QDOS—Quick and Dirty Operating System—from Seattle Computer Products only weeks before IBM's PC hit the market. The IBM deal allowed Microsoft to license its OS to other manufacturers, ensuring it was not dependent on IBM's long-term success.

Within an 18-hour period in 1974, 13 states were hit by 148 tornadoes

From April 3-4, a tornado outbreak killed over 300 people and caused $600M in damage ($3.8B in 2024 dollars). The event revealed deficiencies in various technologies, including crude radar imaging and slow typewriter-based communication systems, which quickly bottlenecked and became outdated as tornado watches became tornado warnings.

Americans spent an estimated $14.8B for the Fourth of July 2025.

The history of the commercialization of the internet, from ARPANET to NSFNET and beyond

NSFNET was launched in 1986 by the National Science Foundation as the first network available to all researchers, connecting them to a system of supercomputer facilities. Despite growing from 2,000 computers in 1985 to 2 million by 1993, the rapid expansion of commercial internet services led to NSFNET's decommissioning by 1995.

See which companies folded and which survived the dot-com crash

Companies that primarily used the web as a platform for doing business were more vulnerable than companies that created technology. While hardware and software companies managed to make it to the other side, most e-commerce companies took a brutal beating and share prices plummeted.