This is overly simplistic thinking. Of Course increases in technology isn't the only factor determining aggregate societal well being or happiness or whatever. But it would be naive and disingenuous to suggest anything other than it being monotonic at the very least.
This also asks for a search for better social technology, as opposed to asserting that we must slow down the search for better physical technology because the social technology isn't keeping up.
This also asks for a search for better social technology, as opposed to asserting that we must slow down the search for better physical technology because the social technology isn't keeping up.