Tiny Island Makes Millions Amid AI Boom

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According to Forbes, Angulla, a British overseas territory in the Caribbean, is witnessing a massive surge in government revenue

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A third of Anguilla's government revenue is coming through AI inadvertently

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Money is being generated even without a single line of code

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Like ".jp" for Japan and ".fr" for France, ".ai" is the domain name assigned to the island

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From every registration for internet addresses that end in ".ai", a fee is charged

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"Anguilla's .ai domain registrations surged from 144,000 in 2022 to 354,000 in 2023", according to IMF

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The launch of ChatGPT played a major role in this surge, according to IMF

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Many huge companies are making AI related websites leading to the popularity of Anguilla's country code ".ai"

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