This mis-allocation of innovative capacity isn’t an accident.

It isn’t mis-allocation, it’s the correct allocation but those doing the allocating aren’t the ones the author thinks they are.

It’s the predictable outcome of allowing market forces alone to direct technological development.

Here’s the essential flaw with this article: the people are not the ones with the power to allow or disallow. The author thinks that with the right number of votes, democratic institutions will correct the direction of technological development. This is not the case. Instead, those with power and money dictate the direction of technological development for their ends. Which includes ensuring the ineffectiveness of said democratic institutions.

It’s the result of specific choices about how we organize our economy

It’s not “our” economy.