There's one presumption that is flawed in this; it presumes that this tech explosion was ever INTENDED to be an equalizer. Mostly, it's about control and information, with just enough features to entice adoption.
Like everything, humans happened. Humans are despicable, from the greedy POS that just want more and more and don't care who they screw over to get it, to the idiots that buy their propaganda and allow them to fuck over everybody else. Same as all of history. Technology just gives the powerful more weapons to use to manipulate the people.
I wish a meteor would just wipe out humanity already, such a despicable creature
There's a dichotomy. On one hand, there's the liberating factors that come from technology. Most sci-fi elaborated the potentials... But in practice, these became the sales pitch.
On the other hand, we have the dystopian sci-fi (1984, brave new world). These have been rough guidelines for the progression of technologies.
Consider that when you hear "smart" technologies you are talking about two way systems. The smart tv is simultaneously a camera and projector as an example. The Samsung TVs even have the warning to watch what you say around the tv because the data will be sold.