Greed and avarice caused that "boom" and it also damn near ended it, too. Things have slowed way dafuq down since then on our end. Slick bizheads learned that suppression of such things is actually more profitable and now that we have a population that is growing out of control and fully dependent on those who provide such technology I see no one likely to allow that level of competition again. You're only "elite" if there are very few of your kind. The whole damn mindset will have to change if we're ever to see real potential from new tech in our lifetimes and that's highly unlikely without a societal crash of some kind. Considering that we are using a fiat currency that's so easily manipulated and hoarded waaaaaaaay beyond any rational need, a societal crash is a real possibility. If we could ever move beyond that, things would speed up in a much more benevolent way and we'd have far fewer dipshits like the Q movement is fighting because greed and avarice would no longer be the rule and would (should) instead be an infection to be avoided.
That "limited" scale was much bigger than India. It crushed many a small biz in the crafts trades all over the world, though it created many more with a boom of surplus which turned needs into wants and now we have ourselves working our dick to the dirt just to pay off all that shit we wanted and far less time for the things we need, like better relationships to family, friends, neighbors and just plain ol' living in general. Dreams of riches made us all financial slaves to the systems. We're all rich in junk and poor in worth of character and in life.
Sometimes, revolutions don't end well depending on what side your on and what you truly value. Not sure a larger tech revolution would help more than just turn everyone into pawns having not known of such things I see as valuable. I guess if they never had it, they won't miss it sooooo…..viva la revolucion! YMMV. I'm still considering a meal of wigglies before my miles run out. ;)