Yes. The media did sensationalize it with stuff like "Planes falling out of the sky!" but there would have been massive disruptions due to systematic date/time

Yes. The media did sensationalize it with stuff like "Planes falling out of the sky!" but there would have been massive disruptions due to systematic date/time issues. Tons of money was spent testing systems to ensure they're Y2K compatible and if not these systems were either patched or hastily replaced with something that was.