Vi e w p o i n t | 24 Jul 2026 10:01:09 ET │ 107 pages Emerging Markets Economic Outlook & Strategy Artificial Intelligence and the EM Growth Divide CITI'S TAKE There are only a few potential EM winners (Taiwan, Korea, Singapore) in the US-led AI capex cycle, but if the 1990s IT revolution were any guide, prospects for future productivity gains could accrue more to the "users" versus "producers". Here too, EM looks relatively disadvantaged vs DM, as AI adoption prospects remain highly correlated with per ca ...