| It was just one day. I have experienced multi-day power cuts and it was bad enough in a developing country that was largely a cash economy. it would be a lot worse in Europe now. I think Europe now is far more dependent on IT systems than you think. They are almost as essential as electricity. You found a taxi driver you would see again - how would one get an Uber and when would you meet an Uber driver again? How long can shops keep extending credit? Its not just losing Azure/Google/AWS. It means losing security updates to smartphones, not being able to use Windows logins for your laptop, not being able to make card or phone payments, possibly not being able to withdraw cash. Without security updates American OSes will become insecure. How long will it take to replace the OS on every smartphone and desktop? What about defence? Will those F35s keep working without IT support? What about medical and hospital systems? The IT impact is on top of everything else, not the only impact. Its one thing for things to come to a standstill for one day, but the economic impact of things coming to a standstill for weeks is very different. At best it is an instant deep recession. It will mean running out of essentials, even food as logistics is heavily compromised. Even over 30 years ago the CEO of a logistics company told me that IT was critical to their business - that will only be more true today. You can do stuff on paper but at greatly lowered efficiency. it might not mean a total collapse of society, but it will mean a huge amount of economic damage, and far more than any combination of European countries (e.g. EEA plus UK) could do to the US. |