Lars Doucet revisits his influential 2021 ACX book review on Georgism five years later, updating his thinking on land value tax implementation based on practical policy work and recent legislative wins in multiple states. Longer summary

Lars Doucet reflects on his influential ACX book review of Henry George's *Progress and Poverty* five years later, discussing what he's learned about land value tax (LVT) implementation, what he was right and wrong about, and the significant legislative momentum LVT has gained. He covers practical lessons from working full-time on LVT advocacy, updates on the three main objections to Georgism (whether land is economically significant, whether LVT gets passed to tenants, and whether land can be accurately assessed), and shares how South Korea provides a compelling proof-of-concept for national land valuation. The post also touches on his personal tragedy losing his son and how he came to lead the Center for Land Economics. Shorter summary

Scott Alexander analyzes California's AI regulation bill SB1047, finding it reasonably well-designed despite misrepresentations, and ultimately supporting it as a compromise between safety and innovation. Longer summary

Scott Alexander examines California's proposed AI regulation bill SB1047, which aims to regulate large AI models. He explains that contrary to some misrepresentations, the bill is reasonably well-designed, applying only to very large models and focusing on preventing catastrophic harms like creating weapons of mass destruction or major cyberattacks. Scott addresses various objections to the bill, dismissing some as based on misunderstandings while acknowledging other more legitimate concerns. He ultimately supports the bill, seeing it as a good compromise between safety and innovation, while urging readers to pay attention to the conversation and be wary of misrepresentations. Shorter summary