Longtermists such as William MacAskill maintain that if we are concerned about human well-being and the longterm future, we should embrace continued technological advancement and development, and that, indeed, one of the most significant threats to longterm human well-being and the well-being of other sentient creatures is technological stagnation – remaining at roughly the present technological level. This paper argues that we should be much more skeptical regarding claims that link continued technological development with positive contributions to well-being. We should take seriously that even if technological development has contributed significantly to improvements in well-being in the past, that we may reach or have already reached a point at which future technological development no longer does so, and that, in that event, thinking about longterm ethical concerns actually recommends developing the capability to slow down, stop, or even roll back (some) technological development.