Key Facts

—The bill. President Javier Milei sent Congress a draft on May 29 that would let a company be run by artificial intelligence, replacing a corporate law in force since 1972.

—The catch. Despite the “non-human” branding, the draft still requires a human administrator to oversee the firm, and the company itself is liable for damage its AI causes.

—The pitch. Milei laid it out in a Financial Times op-ed with deregulation minister Federico Sturzenegger, framing Buenos Aires as a low-tax, light-touch base for AI startups.

—The pushback. Historian Yuval Noah Harari and Microsoft AI chief Mustafa Suleyman warned the idea removes human accountability and invites regulatory arbitrage.