Uploaded July 2026 | Updated September 2026, 2 weeks ago
China has already won the AI race — and most American AI companies are heading for bankruptcy.
Economist Steve Keen (the man who predicted the 2008 crash) explains exactly why China’s energy advantage, ultra-cheap models, and open-source strategy will leave Silicon Valley in the dust. Are you ready for the real power shift?
In this interview, Professor Steve Keen breaks down the structural reasons China is set to dominate artificial intelligence while the US AI sector collapses under its own weight. He highlights China’s massive pre-built high-voltage energy grid (800V systems vs America’s outdated 400V infrastructure), the ability of Chinese firms to deliver 85–90% of US model performance at a fraction of the cost (as seen with Moonshot’s Kimi K3), and the decision to treat AI as open and accessible rather than proprietary and profit-gated.
Meanwhile, Keen warns that US AI companies are burning cash at 5–10x revenue, funded by opaque private credit, facing crippling energy shortages, and locked in a classic boom-bust cycle that will wipe out most of them within two years. Only around one in ten may survive. The technology will endure — the current valuations and companies will not.
Full Podcast: youtu.be/5zJrgmfLsy0
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#ChinaAI #AIBubble #SteveKeen #USChinaAIRace #KimiK3 #AIwar
China has already won the AI race — and most American AI companies are heading for bankruptcy.
Economist Steve Keen (the man who predicted the 2008 crash) explains exactly why China’s energy advantage, ultra-cheap models, and open-source strategy will leave Silicon Valley in the dust. Are you ready for the real power shift?
In this interview, Professor Steve Keen breaks down the structural reasons China is set to dominate artificial intelligence while the US AI sector collapses under its own weight. He highlights China’s massive pre-built high-voltage energy grid (800V systems vs America’s outdated 400V infrastructure), the ability of Chinese firms to deliver 85–90% of US model performance at a fraction of the cost (as seen with Moonshot’s Kimi K3), and the decision to treat AI as open and accessible rather than proprietary and profit-gated.
Meanwhile, Keen warns that US AI companies are burning cash at 5–10x revenue, funded by opaque private credit, facing crippling energy shortages, and locked in a classic boom-bust cycle that will wipe out most of them within two years. Only around one in ten may survive. The technology will endure — the current valuations and companies will not.
Full Podcast: youtu.be/5zJrgmfLsy0
Join this channel to get access to perks:
youtube.com/channel/UCSiYkMylC3F_eQfIodMHkOw/join
Patreon - patreon.com/MaxRobespierre
Facebook: - facebook.com/MaximilienRobespierre1794
Twitch - twitch.tv/max_robespierre
Merch - https://maximilienrobespierre1.live/merch
Twitter - twitter.com/MaxFRobespierre
Buy Me A Coffee - buymeacoffee.com/Robespierre
Cameo - https://v.cameo.com/e/rV9R29pyP1b
#ChinaAI #AIBubble #SteveKeen #USChinaAIRace #KimiK3 #AIwar
