That definitely is a problem..but can have a work-around like was done for y2k..
U know the date format: dd-mm-rr.the rr stands for new form of 2-digit year representation.
Elaboration: say I write date as 02-08-82.and current date is 11-05-05.
Rr treats the 50s as century boundaries, so 82 would have been treated as 2082 if we were living in 2050-2149.but if the current date is between 1950-2049, 82 would be treated as 1982.
So I guess u understand the work-around.
BUT the work-aournd is needed only if the trouble really comes into picture some day..we are rapidly switching to 64-bits..and so will the time-counter..and that would extend the roll-over interval some 2^32 times its current length which is around 70 yrs. I told the work-around, just cuz I wanted to tell abt the RR format..that really might not ever be needednor wud that be a gud soln in this case