I think people in power are almost always late to realizing new technology. A lot of laws are still from the pre-internet days, and it is baffling how they will adapt once Web3 comes through their door. I guess it is also due to them wanting to retain the status quo. Change is disruptive, and the longer they can make things stay the same, the longer they feel they are relevant.
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That goes without saying.
We also have a lot of protectionism taking place, something that is hard in a global economy.
We are going to see technology make a lot of things obsolete...including many (if not most) jobs in my opinion.