Your point is very valid. It is the luddite argument. And that is valid. But the problem is never the technology itself but, as you point out, the loss of livelihood and meaning and especially the shifts in power from the many to the few.
We need to learn to make technology truly benefit the many. Also in terms of power.
Yes, fully agree. Can't believe we live in a timeline in which big tech companies steal data from the many, use this data to train models, sell this data while also convincing technological illiterate people their propaganda machines (social media) is useful to them... Now they want to buy nuclear power plants too. Im sure nothing will go wrong there.
It's all downstream from the way the economy works, and the economy is (I think) downstream from the tools we use to coordinate effort. If we can evolve the way which we handle resource allocation, trust and effort coordination I emphatically believe there's at least some some hope that we can create an alternative economy. Which it seems that we urgently need as a civilization.
We need to learn to make technology truly benefit the many. Also in terms of power.