Is China the next AI superpower?

PwC and McKinsey both estimate that by 2030, the world GDP will increase by about $12 trillion to $17 trillion, purely as net additional GDP, because of AI. This will make the U.S. and China wealthier. The wealth will go into the hands of a smaller number of people, those who take advantage of AI, so the wealth inequality will increase. One issue that's raised is how does that redistribution of income happen? And, does it need to happen?