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The Context
No major economy allows corporations fully owned and operated by AI—yet. Milei’s proposal positions Argentina as the first jurisdiction to permit machine entities with legal standing, a move that could attract offshore capital fleeing stricter regimes or trigger sanctions if guardrails fail.
The Takeaway
Watch for regulatory arbitrage plays: Latin America policy chiefs should expect U.S. and EU pressure to harmonize AI liability rules within two years, and CFOs in cross-border tech should model scenarios where Argentine subsidiaries face sudden compliance costs.
Source: Boz