The navy is going to be, uh, already is a totally different battlefield.
Even deep water flotillas maybe maybe vulnerable to extremely low-tech long loitering naval drones. If you want to defend against us carrier groups, do you build your own carrier group or design a long loiter submersible activatable drone that you can build insufficient numbers to basically cover your the entire strategic theater of the ocean that you need.
How much is a full carrier group or a sufficient Navy to fight them, $100 billion?
Drunks are simply going to make power projection a lot more difficult outside of strategic nuclear weapons. If Taiwan is on the ball, they should have thousands if not more anti-ship drones ready to be launched. The second they see invasion operations by mainland China crossing the channel.
I do disagree with air power: I believe there is substantial air power superiority now and in the medium term future with advanced high altitude high-speed Jets. That still requires a huge amount of engineering investment and technological infrastructure to compete in that theater, and dominance of that provides vast tactical advantages.
And, despite how much I hate musk, if the starship SpaceX rocket achieved some measure of its payload and launch goals it enables military dominance of low orbit for a couple decades.