Jumping off the downturn in the Australian data centre market, we talk about how susceptible this industry is to investment risk from even localized forms of community resistance and financial skepticism, even despite the sheer force of capital and ideology pushing the data center industry. We then have another entry in our analysis of the Great Degeneracy — or what happens when gambling is the only game in town.Australian data centre group falls 44% on profit warning https://www.ft.com/content/023caf76-40df-485d-8a28-0ff62aa7ec6f AI data centres are springing up in communities across the country. Now, residents are fighting back https://www.theage.com.au/national/ai-data-centres-are-springing-up-in-communities-across-the-country-now-residents-are-fighting-back-20261003-p60xhb.html Insurer Rolls Out Policy to Protect Data Centers Against Growing Backlash https://www.insurancejournal.com/news/national/2026/10/20/889680.htmHow Everything Became Gambling https://www.nytimes.com/2026/10/04/magazine/gambling-prediction-markets-statistics.html Standing Plugs:••• Order Jathan’s book: https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite ••• Subscribe to Ed’s substack: https://substack.com/@thetechbubble ••• Subscribe to TMK on patreon for premium episodes: https://www.patreon.com/thismachinekillsHosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)