In this paper, I describe the advantages and disadvantages of incorporating new Artificial Intelligence (AI)-enabling exceptions and limitations to the copyright laws of Latin American countries. Section 1 describes the threats and opportunities AI may pose to the region. Section 2 refers to the effects copyright legislation may have on investment decisions of AI firms, the potential benefits for countries incorporating them, Law & Economics and Comparative Law perspectives, and the current regulatory asymmetry in this matter across the region. Section 3 concludes with policy recommendations.