China and Russia collectively have a talent pool dense enough to build future products and services the rest of the world uses, if China can produce comparative hardware for AI.
The Europeans invented the car and Ford mass produced it.
Yet, we see Ford as extremely innovative and revolutionary. I think we can draw lots of parallels between a 19th and early 20th century industrializing US and current China.
You may disparage TikTok as a Vine clone, but it redefined the state of the art for recsys algorithms. Google and Meta had to play catch-up with how quickly and how good TikTok is at discovering videos users find interesting out of the ocean of available content.
Simple example being TikTok.
Its just a matter of time really.