🤖 Argentina plans to legalize non-human companies managed by artificial intelligence

Reddit r/ArtificialInteligence News

Summary

Argentina's President Javier Milei proposes legalizing non-human corporations managed by AI, introducing a new legal framework to Congress that includes deregulation, AI-managed entities, and low taxes.

https://preview.redd.it/5dksjkzymg6h1.png?width=1200&format=png&auto=webp&s=f968ff7a17680c33faff7e86734105734dc72bef The President of Argentina, Javier Milei, called for the creation of non-human corporations in an article published in the *Financial Times*. In his view, companies managed by artificial intelligence will increase economic productivity. The President presented a new legal framework to Congress, which is based on three pillars. The first pillar involves the complete deregulation of technology and exemption from state control to foster industry development. The second pillar is the establishment of non-human corporations managed by AI agents or robots, where human participation will not be mandatory. The third pillar concerns low corporate taxes. This initiative is sparking intense debate over legal liability. Critics fear that it will be impossible to recover damages or pursue legal disputes with companies that have no owner. **Source:**[https://futurism.com/artificial-intelligence/argentina-legalize-non-human-corporations-ai](https://futurism.com/artificial-intelligence/argentina-legalize-non-human-corporations-ai)
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