The job market for young, educated workers is deteriorating, with recent college graduates facing an unemployment rate of 5.8%. Factors contributing to this trend include the lingering effects of the pandemic, a shift in the value of college degrees, and the potential impact of artificial intelligence on entry-level job opportunities.
Anguilla, a small Caribbean island, has found a lucrative source of income through its internet domain .ai, which has surged in popularity due to the rise of artificial intelligence. The island's government expects revenue from domain registrations to significantly increase, helping diversify its economy and enhance resilience against natural disasters like hurricanes. This innovative economic strategy aims to support tourism and improve public infrastructure.