Peter Diamandis, Ray Kurzweil, Marc Adreessen, Elon Musk, and many other outrageously wealthy entrepreneurs, have been selling the idea of technological progress and a world of abundance for a couple of decades now. They keep claiming year after year that everything is going to be free or nearly so.
The reality is exactly the opposite, from the perspective of material wealth in the traditional sense - such as "the American Dream".
There are many examples that I will list in this thread, but I will start out with one obvious example: Air Travel.
Your typical middle and lower class person cannot fly very often because it keeps getting more and more expensive and less reliable every year. For those who fly commercial, it is about to get worse. Not only will you be paying more for a flight in the future, you will be even more cramped and uncomfortable than before.
There have been innumerable advancements in materials, engine design, efficiency, etc... over the last couple of decades but air travel has become more expensive and miserable for the general flying public. You don't even get a complimentary snack or beverage on some flights. You have to pay more and more for your luggage.
In a world of "abundance", we would all be flying in large comfortable/reclining seats, with complimentary food, at an easily affordable price. (business class amenities at a commercial class price)
There is no sign that air travel will get any more "abundant" anytime soon.
