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Starting at GMT 03:14:07, Tuesday, January 19, 2038, I fully expect to see lots of systems around the world breaking magnificently: satellites falling out of orbit, massive power outages (like the 2003 North American blackout), hospital life support system failures, phone system interruptions (including 911 emergency services), banking system crashes, etc.
On January 19, 2038, the time clock of the UNIX operating system, which runs the majority of large enterprise computers around the world, will jump back to December 13, 1901.