I'd like to start off my answer with an analogy: According to PhRMA, "Only one of every 10,000 potential medicines investigated by America's research-based pharmaceutical companies makes it through the research and development pipeline and is approved for patient use by the United States Food and Drug Administration. Winning approval, on average, takes 15 years of research and development and costs over $800 million dollars." Source: http://www.phrma.org/innovation
But these firms certainly aren't wasting their time and money on R&D. Consider this: A 2007 report by Northeastern University prepared for PhRMA concluded that "[In 2005] the 15 PhRMA member companies operating in Massachusetts are quite substantial, with worldwide annual net sales exceeding $277 billion, more than $95 billion in gross operating profit, $37.1 billion in expenditures on R&D activities,[...]." So they spent $37B on R&D but got back $95B in profit.
So, what are you getting back for your investment in time and energy researching new technology? Does it make you more productive, does it make you feel good, or does it help you earn more income?
Let me propose an experiment: Try to increase the amount of time you spend researching new tech. Does your productivity, happiness, or income increase as well? If so, then you're not investing enough time right now. Similarlarly, you can try to pull back and spend less time on R&D. Then what happens to your productivity, income and happiness?