Dr Fazal Ali
The future is still about figuring out what questions to ask. This is more important than finding the correct answer to the wrong question. We once learned to use search engines to do more impactful things. Now we are learning to use AI to usher in an era of incredible productivity and radical abundance.
AI is rapidly reshaping how people work, create, and solve problems. It is fast. It is everywhere. But velocity and ubiquity are not imagination and anticipation. Cursor’s 25-year-old CEO, Michael Truell, who dropped out of MIT, has just inked a US$60 billion deal with SpaceX. Elon Musk, who holds 42 per cent of SpaceX’s equity and roughly 79 per cent of voting power via super-voting shares, has now locked in his bets to win the AI race. Cursor can give SpaceX the kind of growth narrative the market will chase.
Truell’s imagination and his adeptness to anticipate what comes next have propelled his startup along one of the fastest upward trajectories in Silicon Valley history. The valuation of his startup has skyrocketed almost as fast as AI’s capabilities have improved. Cursor is a coding assistant with its own integrated development environment (IDE), in which the company’s AI is built in. Cursor’s AI capabilities allow the user to code more quickly by constantly “thinking” and predicting the next piece of code the human is likely to write.
This is not a glib observation. It is alluring to those interested in the socio-economic operating systems (OS) of screen economies, and in the making of minds like Demis Hassabis, CEO of Google. Europe did not stumble into modernity. Europe made the modern world. Europe is producing many Nobel Laureates, but the Bronx in New York, the Bay Area, and Los Angeles have socio-economic operating systems that outstrip those of London. London is now the world’s fourth-largest venture hub, with US$17.7 billion in 2025. A 58 per cent increase compared to 2024.
Punching above its weight, London is now outstripping the combined number of unicorns in Berlin, Paris and Tokyo. But this is still not enough. Late-stage funding remains a thin sheet of ice, pushing maturing, scaling companies towards US listings or outright American acquisition. The AI gravity is pulling open-source AI platforms towards Beijing and the Bay Area. In April 2026, OpenClaw became a viral AI phenomenon in China. Developed by Austrian programmer Peter Steinberger, it is an open-source autonomous AI agent designed to manage tasks across Apps such as WeChat, Telegram and others.
Europe is producing more Nobel Laureates and graduates per capita, and more journal articles than any comparable region. Households in Europe hold about €37 trillion in financial assets. However, Mario Draghi’s 2024 report contends that Europe must profoundly refocus its collective efforts on closing the innovation gap with the US and China. The Draghi Report revolves around digital infrastructure, high-performance computing, and AI, forming the basis for the EU Cloud and AI Development Act. Market analysis available in early 2026 shows that, within the last 50 years, no AI companies headquartered in the EU, founded from scratch, have reached a market capitalisation of €100 billion, while six US companies with a valuation above €1 trillion have been created in this period.
Morocco’s US$700 million, 55-storey skyscraper in Salé, designed by Iraqi-British architect Zaha Hadid, is part of the Casablanca Finance City (CFC). The CFC aims to serve as a strategic gateway for international businesses expanding into North, West and Central Africa. The gateway offers favourable tax regimes and incentives to encourage foreign investment. Recognising that commercial identity alone is insufficient in the Age of AI, the CFC is aligning with the AI zeitgeist sweeping across the continent as deep-sea fibre-optic cables encircle the continent.
AI is now accessible to SEA, CSEC, and CAPE students, faculty, and scholars in higher education; entrepreneurs; wirebenders; and professionals in every practice. From writing assistants and design generators to data analysis tools and automation software, AI is now a regular part of contemporary work.
Lovable, Claude Code, Cursor, Codex, and Replit can take anyone from idea to a working prototype on these brown leaves of islands that cling to the blue rim of the Caribbean Basin without the need to learn the fundamentals of programming. Governments need to encourage and even attract every worker and lifelong learner into the Vibe-coding Open-Source space.
Claude Code and Codex are developer-focused with a slight learning curve. Lovable and Replit have no real learning curve. Unlike Claude Code and Codex, where you see the result at the end, Loveable and Replit let you watch the App you are building take shape in real time. This makes it possible for “dreamers” to course-correct in response to serendipitous gifts that appear out of the blue.
Dr Fazal Ali completed his Master's in Philosophy at the University of the West Indies. He was a Commonwealth Scholar who attended the University of Cambridge, Hughes Hall, the Provost of the University of Trinidad and Tobago, the acting President of UTT and the Chairman of the Teaching Service Commission. He is the President of NIHERST and an external services consultant with the IDB.
