You are way off: it's just about money. For a long time, making appliances was an ok business, making good stuff, selling them, factories running, employment, margins ok, ... and there was progress/innovation to do.

Now that there is not much to update or innovate with, and companies have already squeezed workers in Bengladesh to the max, the only current innovation and additional money source are "connected" and "ads".

I don't see any contradiction between the two takes; I suspect capital pressure will force us into an inhumane dystopia where baseline existence is miserable, and quiet rational thought is a luxury.