Abishur Prakash is CEO of The Geopolitical Business, a Toronto-based advisory firm, and the author of "The World Is Vertical: How Technology Is Remaking Globalization."
Potential economic and social impact of supply cutoff too great to ignore

A microchip is displayed at the Taiwan Semiconductor Research Institute in Hsinchu: With economic and social stability at stake, nations should take action now to stock up on chips. © Reuters
Abishur Prakash is CEO of The Geopolitical Business, a Toronto-based advisory firm, and the author of "The World Is Vertical: How Technology Is Remaking Globalization."