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June 18, 2026 48 mins

SpaceX's $1.75 trillion IPO has just created the world's first trillionaire. But for families in Morgan County, Georgia and Boxtown in South Memphis, the AI investment rush seems to look rather different: brown water, diesel fumes, and higher bills.


This week, Tom Rivett-Carnac and Paul Dickinson take on the data centre boom - now one of the fastest-moving forces in the global energy system. Why exactly do so many of these buildings need to be situated so close to population centres? And why do the communities that end up hosting them so rarely get a meaningful say?


We hear from Nick Reece, Lord Mayor of Melbourne, one of the most vocal city leaders addressing the challenge head-on. He explains the costs and the unrealised promises, and shares his vision for what a genuinely good deal between the tech industry and host communities could look like.


What would it take for communities to actually share in the benefits of the AI boom? How do cities avoid a race to the bottom while national governments court the biggest investors? And is the world heading for the same story it has seen before: transformative technology reshaping society, with the legislation catching up 20 years too late?


Learn More:

🎥 Watch Congresswoman Alexandria Ocasio-Cortez present contaminated drinking water from Morgan County, Georgia at a House Energy and Commerce Committee hearing

📋 Read the Southern Environmental Law Center's reporting on xAI's Colossus and how an illegal gas-fired power plant was built in Boxtown

⚡ Explore the IEA's Energy and AI report for the full data on how global electricity demand from data centres is set to double by 2030

🏙️ See the City of Melbourne's C40 initiative for responsible data infrastructure, co-led by Lord Mayor Reece alongside mayors from nine other cities worldwide

🔌 Understand why NERC issued a rare Level 3 alert on the grid stability risks posed by large computational loads that can drop hundreds of megawatts in milliseconds

🎙️ Listen to the Volts podcast episode "Why is NERC so worried about data centers?" for a deep dive into the grid engineering challenges Paul raised in this episode

🌍 After recording, we remembered there IS a precedent for legislation moving fast enough. Read about the Montreal Protocol


🎤 Leave us your voice notes and questions for upcoming episodes on SpeakPipe


Join the conversation:

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Producer: Ben Weaver-Hincks

Planning: Caitlin Hanrahan 

Exec Producer: Ellie Clifford


This is a Persephonica production for Global Optimism and is part of the Acast Creator Network.


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