Argentina's plan for AI-run companies can't avoid humans - Reuters

Argentina has proposed a corporate reform that introduces a new legal category for 'automated companies' that are run by artificial intelligence but are still required to have a human administrator, according to several legal experts. The proposal aims to create a framework for companies where AI systems handle core business operations, yet a natural person must oversee the entity and assume legal responsibilities. The experts, who spoke on condition of anonymity, confirmed the details of the proposal.

The reform would define 'automated companies' as entities where AI makes most decisions, including management and operational choices, without direct human intervention in daily tasks. However, the requirement for a human administrator ensures there is always a person who can be held liable for the company's actions and decisions. The administrator would not need to be involved in routine operations but must have the authority to intervene or override the AI when necessary.

It reflects a cautious approach to AI governance, balancing innovation with oversight. The reform is still undergoing legislative review, and its implementation timeline remains unclear. Similar debates are occurring in other countries as AI capabilities advance.