"The Tiny Caribbean Island That's Making A Fortune From AI"
Back in the 1980s, when the Internet Assigned Numbers Authority was dishing out the geographic two-letter domains, Anguilla had the good fortune to be awarded .ai. That good fortune has turned into an actual fortune, with a huge influx in domain registrations over the past couple of years that have massively boosted the island’s economy.
The boom in .ai domain sales was triggered by the arrival of ChatGPT in November 2022. “In the five months after that, our sales went up by almost a factor of four,” Vince Cate, who manages domain registrations for the Anguillan government, told IEEE Spectrum. “Then they sort of leveled off at this new, much higher level. It’s just wild—we’re already like a third of the government’s budget.”