It does seem like some types of technologies are almost going backwards right now. Take automobiles, for instance. In my lifetime (the past 30 years), I have seen very few innovations/changes. In the 70's we had a GM van, the 80's a Pontiac Sunbird, and the 90's a Grand Am. The only noticeable change is that the item remains the same (maybe cars today have more plastic, but that's beside the point), but the prices keep increasing. I don't see any technological advances here. Safety and gas mileage used to be the big issues. Safety has probably stayed the same or slightly improved while gas mileage has pretty much stayed the same or even gone backwards. Outside of the plastic, the car I drive today is pretty much the same as I have always been in for the last 20 years.
As for computers, look at software. I believe it's another area where there's actually been a decline. Where are all of the artificial intelligence programs, why is it that almost every web page still looks the same as 3 years ago? Why does Microsoft keep adding eye-candy to their old programs and releasing them as "new" versions? It seems like there's no creativity in the software business anymore.
Medicines are another area. Many companies are not willing to commit their time and resources to develop miracle cures for some of the more obscure diseases. Instead, they want to focus on things which will make them a quick but steady profit. They don't want miracle pills that you take one time and your illness goes away, but rather something which you'll have to take for the rest of your life. Look at Eli Lilly. They're drug Prozac (which costs $10 a pill but takes just a few cents to manufacture) has been out for quite some time. Yet, when the patent is about to expire and others want to start manufacturing it, what does Lilly do to ensure they keep the profit, they start trying to patent the manufacturing process. Same thing with the internet patents (remember the Amazon shopping cart?).
While there have been innovations, I'm simply making the point that some things are starting to slow down. And with the frenzy of absurd patents trying to be implemented, I think it's starting to be evidence for this.