It should, but most of us live in societies where you must work in order to live. This creates a structural conflation between human value and economic value. This then affects the things we choose to measure. We often use broad economic measurements like GDP, the stock market, etc. to measure "progress", but measurements like this aren't directly relevant to the lives of working people.

Society really needs to take a step back and reexamine what we're measuring and what we value. Why we are working harder today while making just as much or less than we did decades ago? If the fruits of our labor and technological progress where distributed fairly, we would expect to see higher pay and/or a reduction of hours across the board for most people. We always expect our children to be better off than their parents on average.

Instead, in the US, we are in a situation where people born in the 90s have a less than 50/50 chance they will be better off than their parents financially. And this trend has continued downwards for each subsequent generation. We've had stagnant wages for 40 years, the highest rates of household debt ever, 64% of Americans living paycheck to paycheck, wealth inequality greater than even during the Gilded Age, and 40% of people unable to afford an unexpected $400 expense. This whole situation is completely unsustainable.

Influential economists like John Maynard Keynes predicted in 1930 that we'd all be working 15 hours a week by now due to advancements in technology, productivity, and wealth creation. Then in 1965, a Senate subcommittee projected that we'd only be working 14 hours per week by the year 2000 with at least 7 weeks of vacation time. What they all got wrong wasn't the level of technological efficiency, productivity, and wealth creation achieved by society, they simply failed to predict the greed and tenacity of the richest among us to hoard as much as they could for themselves.