Anguilla's ".ai" Domain Registration Revenue Soars

The Caribbean territory of Anguilla has experienced a significant increase in revenue from the registration of internet addresses ending in ".ai," attributed to the booming field of artificial intelligence (AI). The government charges fees ranging from $140 to thousands of dollars for each registration. In the past year alone, it earned approximately $32 million from these fees, accounting for over 10 percent of the territory's GDP. This income has been utilized to offer free healthcare for older citizens, fund infrastructure projects, and support sports activities. This unexpected windfall has provided Anguilla with a much-needed boost, especially in light of the challenges posed by pandemic-related travel restrictions and natural disasters. --- Send in a voice message: https://podcasters.spotify.com/pod/show/tonyphoang/message