I remember reading an article about how a large proportion of tech venture capital ultimately makes its way into the pockets of Silicon Valley landlords.
Georgism posits as a general principle that a lot of money is captured as land rent.
Georgism posits as a general principle that a lot of money is captured as land rent.
(separately: perhaps Georgism would require some upgrades for today's digital economy where land isn't necessarily required for production)
But I think a lot of big tech's expenses are engineer salaries in High Cost of Living areas, which really does come down to landowners preventing housing construction there.
(and companies absolutely do not pay their taxes on that: quite the opposite, they pay exorbitant compensation in order to convince people that no such taxes are required of them as corporations, and indeed to help persuade the owners of the mind-stuff that taxes themselves are problematic)
(.com, ipv4 addresses - yes, examples of similar circumstances, but not the core)
"The term land embraces, in short, all natural materials, forces, and opportunities..." (in the context of contrast with "capital")
So I don't think any upgrades are required; just perspective.