# Milei sends Congress a bill to create AI-run 'non-human corporations'
> A new corporate category run by AI agents, human shareholders optional; Harari warns of regulatory arbitrage and impunity

**Meta:** type: story · date: 2026-05-29 · heads: The Long Game, Who Decides · 8 takes · 3 lenses · 4 regions

## Summary

On 29 May 2026 [Javier Milei](/en/entity/javier-milei)'s government submitted a bill to Congress amending Argentina's
1972 corporations law (Ley 19.550) to create a new legal category — the "sociedad automatizada,"
or non-human corporation: limited-liability entities run by AI agents, with human shareholders
optional. Milei and Deregulation Minister [Federico Sturzenegger](/en/entity/federico-sturzenegger) set out the rationale in a
4 June Financial Times op-ed — keep AI unregulated, add the new corporate form, and apply a
low-tax regime. Historian Yuval Noah Harari published a counter-op-ed warning such firms would
become "expert in regulatory arbitrage" and that the deterrent of prison is irrelevant to an AI;
Microsoft AI's Mustafa Suleyman backed Harari. The proposal extends Milei's deregulatory agenda
into the AI frontier.

## By the numbers

- 29 May 2026 — bill submitted to Congress.
- Ley 19.550 (1972) — the corporations law being amended.
- Optional — human shareholders under the new category.

## Why it matters

If passed, Argentina would be among the first jurisdictions to domicile autonomous-agent
companies, a magnet for AI ventures and a stress test for liability law: who is accountable when
a firm with no humans causes harm. Critics warn it invites regulatory arbitrage and impunity;
backers cast it as first-mover advantage.

## What to watch

- Whether Congress takes up or amends the bill.
- The liability and tax design in any final text.
- International reaction and whether other jurisdictions copy or block it.

## Regional takes (batched by bias / lens)

### unlabelled
- **Buenos Aires Herald** (Argentina, en) — Reports the bill submitted to Congress on 29 May 2026 amending Argentina's 1972 corporations law (Ley 19.550) to create a 'sociedad automatizada' — limited-liability entities run by AI agents, with human shareholders optional.
  Source: https://buenosairesherald.com/business/milei-looks-to-lay-the-foundations-to-create-non-human-companies
- **Yahoo News** (United States, en) — 
  Source: https://www.yahoo.com/news/politics/articles/javier-milei-wants-argentina-unleash-055600027.html
- **The Cool Down** (United States, en) — 
  Source: https://www.thecooldown.com/green-tech/ai-policy-argentina-non-human-corporations/
- **AI Weekly** (Global, en) — 
  Source: https://aiweekly.co/alerts/milei-proposes-non-human-corporations-for-ai-agents
- **Business Model Analyst** (Global, en) — 
  Source: https://businessmodelanalyst.com/argentina-ai-non-human-corporations/
- **Al Jazeera** (Qatar, en) — 
  Source: https://www.aljazeera.com/features/longform/2026/6/6/argentinas-madman-inside-the-world-of-javier-milei

### English-language Argentine / skeptical-explanatory
- **Buenos Aires Herald** (Argentina, en) — Lays out the deregulatory rationale (keep AI unregulated, a new corporate category, low-tax regime) and the alarm it provoked — including Harari's warning that the maximum human deterrent, prison, is meaningless for an AI-run firm.
  > "Milei's proposal to allow 'non-human corporations' run by AI causes concern in Argentina."
  Source: https://buenosairesherald.com/business/tech/mileis-proposal-to-allow-non-human-corporations-run-by-ai-causes-concern-in-argentina

### fintech trade
- **PYMNTS** (United States, en) — Frames the bill for a US fintech audience as a first-mover attempt to domicile autonomous-agent companies, noting the optional-human-shareholder design and the liability questions it raises for counterparties abroad.
  > "Argentina drafts a corporate law that requires no human boss."
  Source: https://www.pymnts.com/news/artificial-intelligence/2026/argentina-drafts-corporate-law-that-requires-no-human-boss/

## Across the graph
- Related: [[milei-imf-second-review]]
- Entities: Javier Milei, Argentina, Federico Sturzenegger

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Canonical: https://rbtfl.xyz/en/n/milei-ai-non-human-corporations