SATISH SHARMA - not just Rotigraphy.: "Just as the Dutch East India Company created the limited liability corporation in 1602, Argentina in 2026 is trying to create a new corporate system for AI agents."

https://x.com/KNHjyohokyoku/status/2063239351488929849

樺島万里子 Mariko Kabashima＠海外ニュース翻訳情報局

Translated from Japanese

Polish investor Michal Podlewski posted, "Now I understand why Peter Thiel headed to Argentina."

The Milei administration is said to be proposing a plan that includes:

・Removing regulations on AI development as much as possible
・Establishing "non-human corporations" operated by AI or robots
・Recognizing limited liability
・Setting up a system that allows operation at low tax rates

The poster evaluates this as,

"Just as the Dutch East India Company created the limited liability corporation in 1602, Argentina in 2026 is trying to create a new corporate system for AI agents."

It may indeed be a historic experiment. But another question occurs to me.

AI manages,
AI contracts,
AI decides.

And even if problems arise, liability is limited.

Human shareholders aren't even required.

Isn't that approaching

a system where "we create entities that generate profits, but it's fine if there are no entities that bear responsibility"?

Just as the birth of the corporation changed capitalism, AI corporations might change society.

But the real question is whether that's progress, or the disappearance of responsibility.

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Quote

Michał Podlewski

@trajektoriePL

Jun 5

Now we know why Peter Thiel packed his bags for Argentina.

Milei just submitted his AI legislative framework to Congress, where he proposes:
- zero regulation on AI development,
- a brand-new "non-human corporation" category for AI/robot-operated entities with limited liability