That's a weirdly optimistic view of technology. Specially the comparison to homophobia and racism. Yes, tech has solved people's basic but real needs for communication, banking, entertainment, etc. Then after a certain level, without aggressive dark patterns, people's needs for tech were basically met. No one needed social media, we needed social networks. No one needed inescapable "algorithms"¹ besides the ones trying to screw us over. What is this "status quo" you're talking about? And what is this technology progress that is threatening it?

¹ using the term "algorithms" here in its colloquial non-tech sense.