Abstraction explosion is surly detrimental to innovation, but so is "mathification", propelled by rapidly declining computational costs.
Romans tremendously progressed, despite using inferior "math" compared to the Greeks, and Americans compared to the English & French. Note how willingly China ships its top mathys to the US grad school while retaining its best engineers at all costs.
Only technologies that make it into tools/hardware (realware) will survive, the rest are destined to be e-wasted.