We really have not seen much innovation in the past 10 years. If you think about it, what is really new and improved from this time in 2005?
You have a really narrow view of STEM.
1. DNA sequencing is several orders of magnitude faster and cheaper, as are ways of making use of the data for diagnostics and theragnostics. Moore's law might be better applied to bioinformatics than to transistors these days.
2. Cancer therapeutics that use the immune system to selectively attack cancer cells instead of stuff that is just somewhat more toxic to cancer cells than the rest of your body.
3. Just announced this week: Some of the first promising candidate drugs for Alzheimers ... How much more fuckin awesome can innovation get?
4. Viable electric cars and self driving cars on their way.
5. I can use my cell phone to get a ride from a stranger in a hybrid car cheaper and faster than I can get a cab.