Doug Colkitt likens AI cryptography scare to Y2K: worries weren't unfounded, but pace gives time

StefanoGogioso · x · 2026-10-08

Doug Colkitt compares the current AI cryptography scare to Y2K: 90% of people thought nothing would happen, 10% panicked and hoarded food, yet the money spent fixing Y2K bugs wasn't wasted — the concerns were real. The key variable, he argues, is speed: as someone using AI for math problems, he doesn't believe it will solve anything in a week or a month, and if the shift takes years, there's time to port systems over.

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