it is important to the myth of capitalism that the privatization of the means of production led to technological development that made the old exploitation more efficient and beneficial for all. it is of course the opposite that is true: the invention of more efficient technologies controlled by capitalists has made their oppression all the more efficient, but this efficient oppression does not drive the creation of technologies. if anything, the efficiency of creating more efficient technologies is tightly controlled so as to not accidentally eliminate the private ownership of the means of production. there is a careful balance that is not being well-managed by today's elite that is genuinely largely detached from the actual mechanisms that power their control.