00:00:00
Was Y2K and the Y2K bug a big thing for
00:00:02
you? Do you remember that?
00:00:04
>> We wasted millions on that. Y2K. Yes.
00:00:07
>> For anyone that doesn't remember, like
00:00:09
of on midnight on the 31st of December
00:00:11
1999, no one no one was sure what was
00:00:13
going to happen to all the computer
00:00:14
technology around the world. So, I
00:00:15
wonder what it was like being CEO of
00:00:16
Telecom at that point.
00:00:18
>> Oh, well, that was a huge project. We're
00:00:20
paying consultants. We managed it. And
00:00:22
then at midnight, clock tick midnight. 1
00:00:24
minute past. Guess what? Nothing.
00:00:27
Everything's still working. the world
00:00:29
just moved on. I've never seen an
00:00:31
analysis. Was that a fraud? Was that was
00:00:35
a fraud perpetuated by the world's
00:00:37
consultants or was that just excess
00:00:40
conservatism and when it got hold
00:00:42
companies couldn't afford to miss the
00:00:43
bus in case there was a problem?
00:00:45
>> There was a massive ad campaign it was
00:00:48
unavoidable.
00:00:48
>> It was it was huge and not just in New
00:00:50
Zealand like it was big. It's a big
00:00:52
thing.