May 19, 2025
Argentina’s President Javier Milei is preparing to loosen the country’s complex tax evasion restrictions in an effort to draw billions of undeclared dollars back into the formal economy. With an estimated $271 billion stashed in homes, safety deposit boxes, and offshore accounts, savers have long sought refuge from a volatile peso, capital controls, and shifting tax laws.
While critics warn the plan could enable tax dodgers and money launderers, Milei argues it offers a path to reintegrate legally earned funds. In a largely informal economy, where cash deals dominate, experts say meaningful incentives, not penalties, are key to drawing money out from under the mattress and back into the system.
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Artificial intelligence is already helping humanitarian organizations identify people in need, improve supply chains, and deliver assistance more efficiently. But it also introduces new risks.
AI is spreading faster, and the gap is growing wider. What that means in practice isn’t straightforward. In the first edition of AIEI Perspectives, a new editorial series from the Microsoft AI Economy Institute, six experts answer the same questions about who benefits from AI, who’s still waiting, and what shapes that outcome. Their answers don’t all land in the same place. Instead, they offer different ways of interpreting the same challenge — highlighting where views align and diverge and what it may take to close the gap over time. Read the perspectives here.
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