No, no **NO** !!! …DEFINITELY NOT.

This is a classic “urban legend”. That event was considered amusing because it was the first case of an actual “bug” (as in insect) being found to cause a problem…a “bug” (as in a fault condition)…

But the word “bug” has been used to describe technical ‘glitches’ since at least the late 1800s - probably as early as 1620 - and possibly as early as the 12th century.

One common proof that this DOESN’T relate back to the famous moth-in-the-computer is in a 1878 paper by Thomas Hughes, who was quoting Thomas Edison:

“I have the right principle and am on the right track…[it is] then that "Bugs" -- as such little faults and difficulties are called -- show themselves and months of intense watching, study and labor are requisite before commercial success or failure is certainly reached.”

So we know that Edison used the term in exactly the modern sense and that the word was known in technical circles.

The word probably originates from a Middle-English word “bugge” meaning a “Hobgoblin” - which is a mischievous kind of imp who takes joy in screwing up machinery and causing trouble of all kinds.

So when you hear the word “bug” - don’t think “insect” - think “gremlin”…which is a MUCH better origin for the term when you stop and think about it.