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AI

AI Could Put 60,000 Jamaican Jobs at Risk

Artificial intelligence (AI) could significantly reshape Jamaica’s workforce, with an estimated 60,000 jobs facing possible elimination as the technology becomes more advanced. Research conducted by former University of Technology (UTech) dean Professor Paul Golding found that around 22 per cent of Jamaica’s workforce has some level of exposure to AI. Using International Labour Organization (ILO) […]

AI

AI gobbles memory chips, phone prices soar

AI is reshaping the tech world. Now, it is squeezing the smartphone market. A new report from International Data Corporation warns of a severe memory chip shortage. As a result, phone prices are hitting record highs. According to IDC, the average smartphone price will jump 14% this year to $523. Meanwhile, ultra-cheap phones under $100 […]

How a Tiny Caribbean Island Stumbled on a Digital Fortune

Anguilla, a small British Overseas Territory in the Caribbean, has unexpectedly struck digital gold. In 2024, the island earned approximately 105.5 million East Caribbean dollars (about US $39 million) by licensing the .ai domain—a suffix hugely popular among AI-related companies and organizations. This figure represented nearly 23% of the island’s total government revenue, while tourism accounted […]