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Technology · Latin America

Milei proposes an AI framework to attract companies to Argentina

Javier Milei proposed legislation to draw artificial-intelligence companies to Argentina, with measures including low corporate taxes and leaving AI unregulated. By late September, the Senate had held hearings on the bill but had not advanced it.

AI-assisted synthesis · Based on 2 outlets' reporting · Article text read from 1 of 2 outletsHow it's made

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2 outletsLatest reporting 3 min read
Coverage: Too few ratedL 0 · C 0 · R 1 · 1 unrated
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Photo: [argentina.gob.ar Gobierno argentino] / Wikimedia Commons (CC BY 4.0)

What happened

Key facts

  • Argentine President Javier Milei proposed legislation to attract artificial-intelligence companies to Argentina (per reason.com, cryptobriefing.com).
  • Milei’s proposal has three pillars: leaving AI unregulated, creating a legal category for nonhuman corporations operated by AI agents or robots, and keeping corporate taxes low (per reason.com).
  • Milei wrote in the Financial Times on June 4 that AI should remain unregulated (per reason.com).
  • Milei argued that AI could expand productivity beyond what he described as the limits of human cognitive capacity (per reason.com).
  • By late September, Argentina’s Senate had held hearings on the legislation but had not advanced it (per reason.com).

The brief

Argentine President Javier Milei has proposed a three-part legislative plan intended to attract artificial-intelligence companies to Argentina. The proposal would leave AI unregulated, establish a legal category for corporations that are not human entities and are operated by AI agents or robots, and keep corporate taxes low, according to Reason.

Milei presented the proposal as part of a push to bring AI companies to Argentina. Reason reports that he introduced the legislation the week before publishing an article in the Financial Times on June 4. In that article, Milei called for AI to remain unregulated, arguing that it should be developed without what he characterized as premature and poorly understood rules.

Milei also framed AI as a potential source of productivity growth. He compared its possible effects with those of the industrial revolution, which he said reduced constraints on human physical labor. He argued that AI could push productivity beyond what he called the limits of the human brain.

Those statements were his case for the policy; the proposal’s three pillars set out the specific changes he is seeking. One pillar concerns the legal status of entities operated by AI agents or robots. The proposal would create a new category for nonhuman corporations, rather than treating those entities solely under existing corporate arrangements.

The account does not describe how the category would work in practice or identify what legal powers or obligations it would assign. The other pillars concern regulation and taxation: Milei’s plan would leave AI unregulated and keep corporate taxes low. Together, those measures form the policy package he has put forward to attract companies in the sector.

The account describes the aims and provisions of the proposal, rather than reporting a decision by lawmakers to adopt them. By late September, Argentina’s Senate had held hearings on the legislation but had not advanced it, Reason reports. The hearings therefore had not produced a reported legislative advance by that point.

The account gives no Senate vote or other decision on the bill after those hearings, and no legislative outcome is reported.

Why it matters

  • The proposed approach would combine limited AI regulation with low corporate taxes as a package aimed at attracting AI companies to Argentina.
  • The proposal would create a legal category for nonhuman corporations operated by AI agents or robots, a distinct legal mechanism within Milei’s plan.
  • The Senate had held hearings but had not advanced the legislation by late September, leaving the three proposed pillars without a reported legislative advance.

What to watch next

  • Whether Argentina’s Senate advances the legislation after holding hearings by late September.
  • Whether the Senate takes a decision on the proposed legal category for corporations operated by AI agents or robots.
  • Whether the proposal’s provisions to leave AI unregulated and keep corporate taxes low advance as part of the legislation.

How it's being covered

Coverage analysisShow details
2 source articles · 2 unique outlets
Outlet political mix: Too few rated· 1 Right · 1 unrated
Where the outlets are based: US/Canada 100%
Outlet political mix
Too few rated
Left
Center
Right
0 outlets
0 outlets
1 outlet
The marker shows coverage balance: each unique outlet counts once. 1 unrated outlet is not included.
Geography
Where the outlets covering this story are based.
2 unique outletsDominant coverage: US/Canada
Limited coverage
  • Coverage is currently limited to 2 outlets.
How we measure coverage

How outlets' accounts compare

Updat3 does not yet have enough full reports to compare how outlets framed this story.

Timeline

Developments from this story's sources, dated background we compiled and fact-checked, and our earlier coverage. Each row says which.
  1. On May 22, 2019, the OECD adopted its Recommendation on Artificial Intelligence, setting out principles including transparency, robustness and accountability.
    Background · from our historical context
  2. On November 23, 2021, UNESCO adopted its Recommendation on the Ethics of Artificial Intelligence, a global framework addressing human rights and ethical safeguards.
    Background · from our historical context
  3. Javier Milei won Argentina’s presidential runoff.
    Background · compiled and fact-checked by Updat3
  4. Javier Milei was inaugurated as president of Argentina.
    Background · compiled and fact-checked by Updat3
  5. On December 21, 2023, his government issued emergency decree DNU 70/2023, a broad package intended to deregulate parts of the economy; courts later suspended some of its provisions.
    Background · from our historical context
  6. Congress then passed the Bases Law, Law 27,742, which Milei promulgated on July 8, 2024.
    Background · from our historical context
  7. Milei argued in the Financial Times that artificial intelligence should remain unregulated.
    Background · compiled and fact-checked by Updat3

How we got here

Argentina’s policy debate over artificial intelligence predates Javier Milei’s presidency: in 2019, the government of President Mauricio Macri published a National Artificial Intelligence Plan, setting out a public-sector strategy for AI research, skills and adoption. After winning the presidential runoff on November 19, 2023, he took office on December 10.

On December 21, 2023, his government issued emergency decree DNU 70/2023, a broad package intended to deregulate parts of the economy; courts later suspended some of its provisions. Congress then passed the Bases Law, Law 27,742, which Milei promulgated on July 8, 2024.

Original sources

2 articles from 2 outlets

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