Economic Impact
's control over the .ai internet domain has turned into a significant economic boon, with earnings from domain registration fees quadrupling to $32 million, now accounting for 20% of the island's government revenue.
The surge in interest for .ai domains, driven by the AI boom, has seen more than 533,000 domains registered, a ten-fold increase since 2018, further enhancing Anguilla's financial influx.
Future Prospects and Cautions
Premier Ellis Webster expresses hopes for Anguilla to become a hub for AI technology, but emphasizes the importance of not solely relying on domain registration revenue for the island's economic sustainability.
To manage the growth in domain registrations, Anguilla has partnered with U.S.-based , aiming to improve revenue, resilience, and security of the web addresses.