Scarcity and Global Insecurity: The Semiconductor Shortage

Scarcity is not considered an “ility” such as reliability and performance are, however, we see scarcity's growing impact on quality of life, fear, and trust. Nevertheless, scarcity is measurable like reliability and performance. Examples of scarcity are easy to find such as the recent Colonial pipeline ransomware attack that created gasoline hoarding (https://www.cnet.com/news/colonial-pipeline-ceo-tells-senate-decision-to-pay-hackers-was-made-quickly/) and in the early days of Covid-19 which caused toilet paper and cleaning product stockpiling.1