If you fail, I get a shitty quality of life my last few months.
So technology supports quality of life (from vaccines to Volvos) and generates wealth.
I think we should aspire to this: To have such mastery over our bodies and our environment as to extract the best quality of life for the longest period of time that is both theoretically and biologically possible for every single member of the planet.
The additional possibility of access to all humans' Digital Echoes, to be studied for a million unnoticed causal correlations, will hasten the demise of disease as well and will increase quality of life and longevity.
Democracy, per se, isn't necessarily the requirement, but a form of government in which the politicians are directly answerable to the population for their quality of life is.