Technology is driven by economy and greed. And I think there is a balance. I an event where there is a technology that exists which can cause disruption to an industry or the whole economy, it's fair to say company would oppose and try to scrap it for good.
I think there was a term for it phoebus cartel. It exists to this day in different form. They are answer to all the problems in this post. Sorry, let me phrase it better "They are the problems raised in the post".