There seems to be significant domain squatting on .ai. I looked for a simple, non-obviously-AI-related word as a .ai domain a week ago, which was registered but

There seems to be significant domain squatting on .ai. I looked for a simple, non-obviously-AI-related word as a .ai domain a week ago, which was registered but listed as for sale, and the domain registrar suggested it was worth $4M. That's more than the yearly sales Anguilla makes in total. Many words and phrases I've looked for in the space are registered but listed as for sale. I suspect this means new sales will slow for Anguilla, and I wonder if as time passes and value drops, renewals will slow too.