TLDR: U.S. AI growth is hitting a wall because the power grid is weak and slow to expand. China has huge surplus power and uses data centers to soak it up. State-led, long-term planning gives China an edge, and the U.S. will fall behind unless it changes.
This is why I keep saying that electricity generation is a much more reliable measure of a country’s overall economic strength then GDP, countries will naturally find ways to consume as much electricity as they can and there is much less room for voodoo in the calculations. That would place China at already being over 2x the size of the US economy and place Russia as the 4th largest economy rather then the 11th behind countries like Canada and Italy which is just plain absurd.
Funnily enough that’s also more or less in line with PPP adjusted GDP rankings:
https://www.worldeconomics.com/Rankings/Economies-By-Size.aspx
Country GDP PPP 2025 (Billions, Int$)
China 43,203.79
US 27,614.91
India 21,874.99
Russia 7,687.97
Japan 6,379.74
Indonesia 6,220.25
Germany 5,779.61
Brazil 5,600.03
France 4,450.91
UK 4,213.25
But energy consumption figures are still the better measure to use because even adjusted for PPP, GDP is over-inflated for neoliberal economies thanks to all their non-productive finance bullshit.