too much emphasis has been placed on developing newer and better technology over the last 10 years?

Answer 1

I would say there has not been enough emphasis placed on better technology. We should all have our own private antigravity vehicles by now!

Answer 2

Stagnating would be a terrible thing....Bad for the economy and for the thought processes. Perhaps you are correct in reference to the development of the mind and soul and not in the persuit of material things.....