Anguilla, a tiny Caribbean nation, has seen a significant increase in revenue by selling domain registrations for .ai domain code to AI companies. The revenue has grown from 4% to over 20% of the government's income, totaling around $32 million in 2023.
Key Points
Revenue from .ai domain registrations increased from 4% to over 20% of government income
Anguilla benefits from tech-savvy administration in monetizing the .ai domain code
Revenue used for healthcare and education programs
Pros
Significant increase in revenue for the Anguillan government
Opportunity for small nations to capitalize on domain codes
Cons
Reliance on AI companies for revenue
Possibility of economic fluctuations based on AI industry