In this episode, Matt and Meg discuss the Y2K scare that occurred at the turn of the millennium. They explore the fear and lack of understanding surrounding the Y2K bug, as well as the preparations made by individuals and companies. The technical side of Y2K is explained, including the use of two-digit dates and the potential issues it caused. The hosts also share memorable moments and stories from around the world, highlighting the impact of Y2K in different countries. They conclude by discussing the cost of preparing for Y2K and the overall outcome of the event.