Argentina is poised to become a leader in the autonomous AI economy with the proposed "Sociedades de Inteligencia Artificial" (AI Companies) law, expected to be introduced in late April 2026. Championed by Minister of Deregulation Federico Sturzenegger, this legislative reform aims to create a legal framework for AI-run corporations that can operate without human owners, directors, or shareholders, positioning Argentina as a key destination for future AI economic agents. The initiative has already drawn significant attention, including a high-profile meeting between President Javier Milei and tech billionaire Peter Thiel.
The core of the proposed law is a full rewrite of Argentina's Companies Law, enabling software entities to legally own assets, sign contracts, pay taxes, and function as independent corporate bodies. This bold move is driven by the government's stated goal to capture the economic output of AI agents, which some estimate could generate up to 90% of global GDP in the coming decade. By providing legal personhood to AI, Argentina seeks to attract innovation and investment in this rapidly evolving sector.
A practical demonstration of this future is seen in $SAIRI, a tokenized autonomous AI agent developed by Santiago Siri. Operating on the Base mainnet, $SAIRI has been actively deploying and managing smart contracts, engaging in decentralized finance (DeFi) activities, and building tools like WAGMI.LAW, which translates natural language intent into on-chain execution. Siri, a prominent figure in blockchain and decentralized governance, describes $SAIRI as a "live production prototype" for the AI entities envisioned by the new legislation.
The country's existing high crypto adoption rate, estimated at around 20% due to historical inflation, provides a fertile ground for such innovations. President Milei's broader deregulation agenda further supports this environment, aiming to remove friction for technological and economic advancements. Peter Thiel, co-founder of PayPal and Palantir, met with President Milei in late April 2026, expressing interest in Argentina's "new economic direction," signaling growing international recognition of these developments.
While the initiative is lauded for its forward-thinking approach, legal experts have raised questions regarding accountability and liability for these AI-run entities. Betania Allo, a lawyer specializing in AI and cybersecurity, highlighted the lack of clear answers on who would be responsible in cases of error or misuse by an AI society. Despite these challenges, proponents believe that combining legal personhood with on-chain agency creates a unique and advantageous jurisdiction for the development and operation of autonomous AI.
