All posts tagged: nudge

Analysis:How a nudge from Nvidia propelled frugal Micron into the AI boom and a  trillion market cap

Analysis:How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap

SAN FRANCISCO, June 2 : Micron Technology’s march toward a $1 trillion valuation is nothing if not dramatic: a year ago it was a little over $100 billion. That surge, though, was not built on its famed frugality, but on a nearly too-late push from Nvidia that pulled the U.S. memory chipmaker into the center of the AI boom. For decades, the Idaho-based company survived by building factories on a shoestring budget, adopting used equipment and avoiding cutting-edge bets. That discipline helped it endure brutal boom-bust cycles in memory chips and outlast rivals, leaving it one of three global suppliers alongside South Korea’s Samsung Electronics and SK Hynix. But that approach of treating memory chips as a commodity clashed with Nvidia’s vision for AI. Three years ago, Nvidia CEO Jensen Huang met Micron boss Sanjay Mehrotra and outlined how he expected the memory market to evolve, Huang said in a media interview last month. Huang had long bet early that memory, and not just processors, would become a critical bottleneck for AI, forcing suppliers like …

China’s nudge, U.S. waiver and Iran tensions test India’s economic balancing act

China’s nudge, U.S. waiver and Iran tensions test India’s economic balancing act

Indian social and women’s rights activist, educationist, Syeda Saiyidain Hameed during the Iran Embassy opens condolence book on the martyrdom of Iran’s Supreme Leader Ali Khamenei at the Embassy of the Islamic Republic of Iran, on March 5, 2026 in New Delhi, India. Hindustan Times | Hindustan Times | Getty Images India faces a difficult diplomatic balancing act as escalating tensions involving Iran threaten its oil supplies and test New Delhi’s traditional neutral foreign policy. The crisis also comes as China pushes for stronger cooperation within BRICS, the bloc that includes Brazil, Russia, India, China and South Africa. Chinese Foreign Minister Wang Yi on Sunday urged closer coordination within the group. “We must step up to the plate, and support each other’s BRICS presidency over the next two years, so as to make BRICS cooperation more substantive and bring new hope to the Global South,” Yi said in Beijing during a press conference. India has not responded to that statement yet. U.S. protectionism in Trump 2.0 has triggered a resumption of ties between India and …

A New Book Debunks Nudge Policies

A New Book Debunks Nudge Policies

The life of a globe-trotting environmentalist is a breeding ground for moral quandaries. My oldest friend happens to be one such climate advocate; for several years, he ran a nonprofit encouraging carbon capture in the European Union. When it comes time to attend a lecture or a summit abroad, he avoids flying if he can. If not, he flies economy—the least carbon-intensive option—and swats aside a vague feeling that he is “getting away with something.” Even though his work could help save the planet, he is forever calculating each mote of carbon that enters the atmosphere as a result of his personal choices: what to eat, where to travel, what to keep or throw away. He feels, in a word, responsible. This is no accident. For decades, industries hoping to avoid regulation have reminded us about our personal culpability for social problems. Think of the famous 1971 “Crying Indian” ad, in which a Native American man sheds a tear over a piece of litter—a PSA that was sponsored by packaging companies. Or the concept of …

We were wrong about being able to ‘nudge’ people to improve the world

We were wrong about being able to ‘nudge’ people to improve the world

Our environmental and social problems are pressing and, in many countries, money is short and politics deadlocked. Wouldn’t it be wonderful if there turned out to be a new way of making real progress cheaply and without getting enmeshed in party politics? About two decades ago, along with many of our colleagues in the behavioural sciences, we thought there might be. The idea was elegant: social problems often arise from people making the “wrong” choices, either for themselves (eating unhealthily, smoking, gambling – the list goes on!) or for others (by, for example, damaging the environment by dropping litter). The old-fashioned approach to bad choices is to tax them or ban them. But the new strategy aimed for a gentler, more psychologically subtle approach: to redesign the way options are presented so the “right” choice becomes easy, natural and appealing. The bad choices are still available, but the clever policy ensures they are picked less often. Such “nudges” seemed to offer the hope of addressing big social problems through small changes to reshape individual behaviour. …