Hardware emulation using on-the-fly virtualization

At least one anomaly associated with at least one actual hardware element in a computer system having a plurality of hardware elements is addressed. The anomaly is detected, and, responsive to the detection, a virtualization layer is inserted between (i) an operating system of the computer system, and (ii) the plurality of hardware elements. Hardware emulation and/or selective hardware activation/deactivation are performed on the at least one actual hardware element by the virtualization layer. The insertion of the virtualization layer is accomplished in an on-the-fly manner.