We also have a dramatically lower horse population than before. The analogy feels very different depending on whether we are the analogs to the people, or to the horses. The industrial revolution had its own form of brutality, and our present high quality of life is more of a product of the progressive revolution at the tail end of that all. It may be that technological advancement simply has little to do with individual happiness in the short term. In the long term, I would prefer to think that increased capability would increase our bandwidth for secular attempts at increasing human welfare — like tech magnates using their fortunes to eradicate polio.