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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.