A fierce new flashpoint has erupted in the global AI race after President Donald Trump rejected reports claiming China holds more than double America’s power-generation capacity — an advantage experts say could supercharge China’s AI capabilities. In a fiery Truth Social post, Trump insisted the report was “WRONG,” declaring that every major AI plant in the United States will be self-sustaining with its own dedicated power source, even sending surplus electricity back into the national grid.
00:00Well, thank you very much. We have a big signing right now, and we have a tremendous industry where we're leading by a lot.
00:08It's the AI, artificial intelligence. I always thought it should be SI, supreme intelligence, but I guess somewhere along the line they decided on the word artificial, and that's okay with me.
00:19That's up to them. It's a massive industry. We're leading China. We're leading everybody by a tremendous amount. The electricity is being built by them in every plant.
00:31They're building the electricity. We're getting them rapid approvals, but they're spending trillions of dollars, and they can't – basically, this has a couple of other things that are less important,
00:41but one of the things that it has is you have to have a central source of approval. When they need approvals on things, they have to come to one source.
00:49They can't go to California, New York, and various other places like Illinois with Pritzker, who's a totally unreasonable person, and they have to have – they're putting all this money in.
01:01It's a big part of the economy, and there's only going to be, I think, one winner here. I don't know if anybody agrees with that.
01:07I think most people agree, but there's only going to be one winner here, and that's probably going to be the U.S. or China, and right now we're winning by a lot.
01:16China has a central source of approval. I don't think they have any approval. They just go and build.
01:20But people want to be in the United States, and they want to do it here, and we have the big investment coming.
01:26But if they had to get 50 different approvals from 50 different states, you could forget it because it's not possible to do, especially if you have some hostile – all you need is one hostile actor, and you wouldn't be able to do it.
01:37So it doesn't make sense. I didn't have to be briefed on this, by the way. This is real easy business. I mean, this is simple.
01:43Listen, this is the single most important economic question in the country and in the world. Who wins the race for AI?
01:51You look back to the 1990s, there was a similar inflection point with the beginning of the Internet, the dawn of the Internet, and Bill Clinton was president at the time.
02:00He signed an executive order just like you're doing that put into law a light-touch regulatory approach to the Internet, and the result was incredible economic growth and jobs in the United States.
02:13At the same time, the European Union took a very heavy-handed regulatory approach. Here's an amazing statistic, Mr. President.
02:22In 1993, the U.S. economies and Europe's economy were virtually identical in size.
02:29Today, America's economy is more than 50 percent larger than Europe's, and the two drivers of that are tech and the shale revolution.
02:36It transformed this country, and AI is the same thing. It's a race, and if China wins the race, whoever wins the values of that country will affect all of AI.
02:50We don't want China's values of surveillance and centralized control by the communist government governing AI.
02:57We want American values of free speech, of individual liberty, of respecting the individual.
03:01So this executive order, I believe, is tremendously important. Thank you for your leadership.
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