Interesting. I have heard about this still being a major issue with Windows due to the registry.on the legacy ms side, this is so common its been given the term win rot.
Anything mechanical (i.e. read spinning rust hard disk drive) will ultimately fail.
Electronics, assuming good clean power, once its ran for a couple of weeks is typically good for years and sometimes decades. From our shared Apple HW past, it seems that long term capacitors are typically the electronic component most likely to fail. But still, poor power, power spikes/hits, etc can cause issue and corruption.
We all love our Apple products here, but nothing is infalable. That is what backups are for, recovery when the worst happens.
As someone who lives in the lightning capital of the world, I think my Furman PST-8 may have saved my devices at least once. My cat once knocked over a glass of water that spilled directly into the Furman and its outlets. The "Extreme Voltage" light turned on and it immediately cut the power. Like 6 of the 8 slots were being used and every single device was okay. I think the Furman itself even survived, but I replaced it anyway because who knows what kind of damage that did to it. Thank god I splurged on my surge protector...