The phrasing of the question seems to address a larger scope than the classical engineering definition of power. More than the friction of electrons in the wires.
As in the practical and/or philosophical side of things.
Compared with DC, AC has fluctuations (or changes of state).
These fluctuations convey greater activity, or instigation, or information.
As read by a wattmeter it may not be greater power... but we do find that AC can accomplish things which DC cannot.
Furthermore we find that slower frequencies cannot do these things as efficiently as higher frequencies can. This is a benefit of the more numerous changes of state, or change of polarity, etc.
So if we confine ourselves to basic theory only, a higher frequency does not convey greater power per se. However from the practical standpoint, we find it does, when we examine various applications involving transfer of power.