I think one of the most striking characteristics of this particular moment in time is that there are exotic "high tech" products and systems coming on line at the same time the real economy is completely collapsing. People can get a 5G phone or a Tesla Model 3, but can't find baby formula in the store, or can't find dog food, or it costs $50 a pound.
The essentials aren't even working, but the completely superfluous is "advancing".
It's probably a byproduct of the financial system. There's money for every project, but that doesn't mean there's enough stuff or people to do it all, so it's not getting done.
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