Honestly, I'm not sure how you've come to this conclusion.
This year, the NIF reached a milestone decades in the making of "ignition" in a nuclear fusion reaction.
2 weeks ago, OpenAI announced software that can create photorealistic video based on a simple text prompt. People are already being laid off by the hundreds in favor of "AI" software.
3D printing and CAD have moved from obscure specialist industrial tools, to a common, affordable, practical hobbyist activity, over the past 35 years.
You can now hail a taxi that
drives itself, and get to your destination in one piece. (I've done this a few times myself.)
I think many areas of technology are moving
extremely fast. What we have now in our daily lives already makes certain sci-fi technology from decades past look quaint.
If this is what "slow" looks like then I'd hate to see "fast". It's too much to keep up with already.
I don't disagree with your points about funding for basic research. It ought to be higher in the public domain. But I don't really see that progress in general is stalled. I also wonder how often we can really expect
fundamentally new technology to come about.
You could argue that all of the progress in automobiles is just "combining one pre-existing technology with another" to use
@restorer-john's phrase... all the way back to the steam engine and horse-and-buggy days. And of course that was just an iteration of the humble cart, which has been around for thousands of years.
So from the most cynical point of view, even self-driving electric cars are just combinations of pre-existing stuff, and no fundamental innovation in transportation has occurred since 3000 BC or whenever.
I guess that's the real crux of this thread... what do we consider a 'real' innovation vs. an incremental (and therefore less worthy?) improvement?
Consider the world we could have with "mere" iterations and improvements on things that "already exist":
- Robot butlers
- Robot chauffeurs
- Space elevators, space colonies to visit
- Perfectly photorealistic VR with full-body haptics
- Nuclear fusion for vastly cheaper power
- Climate change solved via solar shades
- Fly from NYC to Tokyo in 90 minutes via hypersonic jet
- Personalized gene therapy to cure what ails us
- Brain-computer interface to record your memories
Basically, The Jetsons is within the realm of "mere" iteration on things we have today... now, whether we get any of these things soon enough for our liking gets to your point about the funding and who directs it. But I am not convinced that we're in a technological doldrums.