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I think new tech is still great, I think the issue is the business around that tech has gotten worse in the past decade
The question op is posing is:
Which new tech?
In the decade op's talking about everything was new. The last ten years nothing is new and all just rehash and refinements.
ML, AI, VR, AR,, cloud, saas, self driving cars (hahahaha) everything "new" is over a decade old.
Well it is literally not going as fast.
The rate of "technology" (most people mean electronics) advancement was because there was a ton of really big innovations at in a small time: cheap PCBs, video games, internet, applicable fiber optics, wireless tech, bio-sensing, etc...
Now, all of the breakthrough inventions in electronics have been done (except chemical sensing without needing refillable buffer or reactive materials), Moore's law is completely non-relevant, and there are a ton of very very small incremental updates.
Electronics advancements have largely stagnated. MCUs used 10 years ago are still viable today, which was absolutely not the case 10 years ago, as an example. Pretty much everything involving silicon is this way. Even quantum computing and supercooled computing advancements have slowed way down.
The open source software and hardware space has made giant leaps in the past 5 years as people now are trying to get out from the thumb of corporate profits. Smart homes have come a very long way in the last 5 years, but that is very niche. Sodium ion batteries also got released which will have a massive, mostly invisible effect in the next decade.
Electronic advancement, if you talk about cpus and such, hasn't stagnated, its just that you don't need to upgrade any more.
I have a daily driver with 4 cores and 24GB of RAM and that's more than enough for me. For example.
Agree. 15+ years ago tech was developed for the tech itself, and it was simply ran as a service, usually for profit.
Now there's too much corporate pressure on monetizing every single aspect, so the tech ends up being bogged down with privacy violations, cookie banners, AI training, and pretty much anything else that gives the owner one extra anual cent per user.
Aka “enshittification”
Enshittification was always a thing but it has gotten exponentially worse over yhe past decade. Tech used to be run by tech enthusiasts, but now venture capital calls the shot a lot more than they used to.
What's crazy is that they were already making unbelievable amounts of money, but apparently that wasn't enough for them. They'd watch the world burn if it meant they could earn a few extra pennies per flame.
[off topic?]
Frank Zappa siad something like this; in the 1960's a bunch of music execs who liked Frank Sinatra and Louis Armstrong had to deal with the new wave coming in. They decided to throw money at every band they could find and as a result we got music ranging from The Mama's and The Papas to Iron Butterfly and beyond.
By the 1970s the next wave of record execs had realized that Motown acts all looked and sounded the same, but they made a lot of money. One Motown was fantastic, but dozens of them meant that everything was going to start looking and sounding the same.
Similar thing with the movies. Lots of wild experimental movies like Easy Rider and The Conversation got made in the 1970s, but when Star Wars came in the studios found their goldmine.
You know this happened with cars also, until there is a new disruption by a new player or technology - companies are just coasting on their cash cows. Part of the market cycle I guess.
Lots of the privacy violations already existed, but then the EU legislated first that they had to have a banner vaguely alluding to the fact that they were doing that kind of thing, and later, with GDPR, that they had to give you the option to easily opt-out.