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Technology Stocks : Discuss Year 2000 Issues

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To: B.K.Myers who wrote (7501)7/31/1999 5:04:00 PM
From: Ken  Read Replies (1) of 9818
 
MUST-READ TECH STUDY:"W/O ELECTICITY,30% DIE IN A MONTH;80% IN A YEAR

Those numbers, however catestrophic and unimagineable, must be updated, perhaps to 45% and 90%.

The original numbers are EXCEPTIONALLY LOW, due to the following:

Since that study was done:

1. computers linking the entire structure of society has become FAR MORE integrated and interrelated, by a quantum leap,

2. JIT was only in its infancy then compared to its virtually total use now in all major systems.

3. the population has increased by about 20 million, espically concentrated in the larger cities.

4. far less individuals are involved in farming now.

5. far less % of the population now has easy access to water sources than then.

6. our society is far more reliant on computers than then, by a huge quantum leap

7. the above list is grossly incomplete, but ok just for starters!

<<<<. In the 1970s, Duffy recalled, statisticians calculated that if all electricity were cut off, 30 percent of the population would be dead within a month. Within a year, 80 percent would be dead.

"We get up in the morning, and we won't make it to the end of the day unless all these systems are up and running. It's truly scary. And that was back in the 1970s — hell, now it's worse," Duffy said. He has no magic formula for coping with the potential catastrophes simmering under all our system complexity. . . .

eetimes.com.

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