What evidence do you have of 'new technology becomes democratized quicker'? People mostly just use technology, but doesn't necessarily correspond to democratization (although the thought leaders would have you think otherwise).
IMO e/acc is just the SV version of Manifest Destiny and it's a self-serving philosophy for people who stand to gain billions and insulate themselves from the downsides the common-man cannot. Democratization means all citizens experience that equally - the good and the bad - but is that what's happening here?