Paul Brody is EY's global innovation leader for blockchain. The views expressed are his own.
The Y2K program (does anyone remember that?) came about because software developers assumed, in the early days of computing, that newer, better enterprise systems would come along very soon and that their efficient two-digit date systems would be replaced long before the year 2000 came along.
There were very few CIOs in those days, and many of them would have carefully explained to those efficient software developers that if something isn't broken, don't fix it, which often followed the corporate view on IT issues.