With most tech we reach law of diminishing returns. That is sure, there is still a variation, but very little:
- the best laptop/phone/tv in the world doesn’t offer mich more than the most affordable
- you can get for free a pen novadays that is almost as good at writing as the most expensive pens in the world (before BIC, in 1920s, pens were a luxury good reserved for wall street)
- toilets, washing mashines, heating systems and beds in the poorest homes are not very far off from the expensive homes (in EU at least)
- flying/travel is similar
- computer games and entertainment, and software in general
The more we remove human work from the loop, the more democratised and scalable the technology becomes.
does it matter? If mine is way better than I had before, why does it matter that someone else's is better still? My sister's $130 Moto G is much better than whatever phone she could afford 10 years. Does it matter that it's not a $1599 iPhone 16 Pro Max 1TB?