Comment Re:Twice as much electricity? (Score 1) 100
China’s energy advantage is huge. All the big tech companies propping up the US stock market need more data centers. Data centers use massive amounts of energy. The US cannot provide that energy. The government won’t let anybody add large scale solar or wind projects. There is a years long wait for the turbines needed in natural gas plants. Nobody even knows how long it will take to build a new nuclear plant in the USA because it hasn’t been done in decades. This means that all those AI companies that need more data centers, all the cloud hosting companies, the social media companies, they’re all going to be unable to grow quickly in the near future because the US cannot provide power. But China has excess capacity, has been bringing new nuclear plants online every eight months for the last decade, will soon be deploying small nuclear reactors that are still years away in the US, and is deploying huge solar projects at a rapid pace. And Chinese companies are even building nuclear plants in other countries. This will allow Chinese tech companies to dominate AI, and other internet services, in all of the BRICS countries, the entire global south, and probably even Europe at some point. By the time the US tech industry finally has the power it needs China will be so far ahead that American business will never catch up.