Maybe it's the other way around. Maybe PT stays in Argentina because exciting thought experiments are shaping up the political landscape✨
Just after Peter Thiel announced he is fleeing the US to relocate to Argentina, Milei is pitching the country as the place where AI companies can operate with almost ZERO regulation. In a Financial Times op-ed co-written with deregulation minister Federico Sturzenegger, he promised a new legal framework for AI agents and invited global tech firms to set up in Buenos Aires. Here’s the breakdown:
> Argentina plans to create a new corporate category called the “non-human corporation” for companies operated entirely by AI agents or robots.
> Milei said Argentina will keep AI “unregulated” so it can develop without “premature and misguided regulation.”
> The pitch compares AI agents in 2026 to the Dutch East India Company in 1602, when limited liability helped create the modern corporation.
> Milei wrote that AI will free humanity from “the constraints of the human brain” the way the Industrial Revolution freed people from “the constraints of the human muscle.”
> Meanwhile, Thiel reportedly bought a mansion in Buenos Aires, enrolled his kids in a local school, and bought land in nearby Uruguay.
> Buenos Aires is being positioned as an AI hub with the legal and tax environment Milei says 21st century AI companies need.
> The government is making AI part of its foreign investment strategy, alongside data centers, fintech, and the broader knowledge economy.
> Argentina’s knowledge economy exported $9.56B in 2025, making it the country’s third largest export complex behind agriculture and energy.
> The sector employs more than 345,000 people across roughly 9,000 companies.
> Critics say Argentina still lacks a comprehensive framework for data protection, transparency, and liability.
> Milei closed the pitch to tech firms with a simple message: “We are open for business.”