I agree generally, but I feel like we're slowly coming to realize that maximal leisure and safety might not necessarily be the recipe for a happy and fulfilling life.
In particular the Industrial Revolution but he himself sees an ideal world basically void of technology. That the revolution should strive to destabilize industrial society enough to force its collapse.
I think he has many interesting observations that are really worth exploring. He also predicted a lot of things more or less. But end of the day life is what you make of it. You don’t really have to participate in modern society. And people have always had existential problems and a desire to find meaning, even if they had less time to ponder it (and possibly be antagonized by it) because they were tending a field, etc. They probably had a long time to think about it as an infection slowly ate its way through their body causing immeasurable pain over days or weeks.