The Economics of Everyday Things 43. Top-Level Domains
Apr 8, 2024
Experts delve into the economics of top-level domains, showcasing how small countries profit from domains like .ai. They discuss challenges faced by nations, the rise of AI-related domains, and the complexities of managing country code top-level domains. The podcast explores the financial impact on nations and the intriguing journey of domain ownership changes in Anguilla.
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Anguilla's Accidental Domain King
- Vince Cate, a computer science graduate, moved to Anguilla in 1994, seeking a tax haven.
- He became Anguilla's .ai domain administrator after a casual conversation with John Postel.
.AI Domain's Rise
- Initially, .ai domain registration was free for Anguilla residents, but restricted to the island.
- The rise of the internet and AI's emergence transformed .ai into a valuable asset.
ChatGPT and the .AI Gold Rush
- Anguilla opened .ai registrations globally, charging fees, anticipating the AI boom.
- After ChatGPT's launch, .ai revenue exploded, significantly impacting Anguilla's budget.