Yes, but they didn't. I do concede that it's possible that they could've.

But even that doesn't guarantee anything. Modern humans are ~100k years old. It took us nearly all of that time before we discovered agriculture. And it still took thousands of years after that to end up with industrialization. Before then our societies barely improved. It's entirely possible that if society had gone differently that we could've delayed or avoided industrialization altogether. The same could've happened with dinosaur-people.