This is what make me wonder how you're defining wealth.
I can take the $1M emoji money and buy gold. Am I not $1M more wealthy?
How do you account for the growth in market cap for US stocks, now in excess of $30T?
What do you think that would be without PCs and small office computers?
In the emoji example You are a million richer, but society isn’t.
Wealth has just moved, not increased.
Stocks are priced by the money they make, not by the wealth they produced.