Macro Markets and Machines_The Economic and Market Transformation Driven by AI_GWM report - Flipbook - Page 22
Macro, Markets, and Machines
November 2025
Exhibit 14 – Advanced Economies Are Best Positioned to Realize AI-Driven Productivity Gains
AI preparedness score
0.73
0.50
0.35
Advanced economies
Emerging economies
Low-income countries
Source: IMF; Scotia Wealth Management.
Of course, preparedness does not occur overnight and is reflected in the scale of research and investment that
has occurred for years. The United States currently produces almost twice the number of AI models than the
next six countries combined, highlighting its dominance in intellectual capital. At the same time, U.S. private
investment in AI has surged far ahead of peers over the past decade (Exhibit 15, 16, and 17). Together, these
advantages explain why the United States ranks highest on preparedness measures and why productivity gains
may begin to show up there first.
Exhibit 15 – The United States Currently Has More Notable AI Models Globally
U.S.
40
China
15
France
3
Canada
1
Israel
1
Saudi Arabia
1
South Korea
1
# of notable AI models, 2024
Source: Stanford University: 2025 AI Index Reports; Scotia Wealth Management.
Scotia Wealth Management
21
