What is Y2k problem?

Y2k stands for Year(Y) 2 kg(1000) problem..Normally the system date will be in the format mm-dd-yy.so when year 2000 comes yy points to 00 which leads to confusion as whether it denotes 1900 or 2000.so they cleared it by making mm-dd-yy as mm-dd-yyyy.hope i am right..if i am wrong correct me....

well as far as i know Y to K has big problems..because they must change the entirely calendar,and the day will be mondak,tuesdak,wednesdak,thursdak,saturdak, and sundak. also they will change New York Yankees to New Kork Kankees. in social way the right answer will be Kes man not yes man anymore. And when you think the food delicious the good answer is Kummk, not yummy. so i think its a huge problems for humanity...

well as far as i know Y to K has big problems..because they must change the entirely calendar,and the day will be mondak,tuesdak,wednesdak,thursdak,saturdak, and sundak. also they will change New York Yankees to New Kork Kankees. in social way the right answer will be Kes man not yes man anymore. And when you think the food delicious the good answer is Kummk, not yummy. so i think its a huge problems for humanity...