Let me break down this simple.
Those who missed out, those who can't buy this, those who can't upgrade and so on = Poor People.
Those who are happier = Rich People.
Therefore Poor People + Rich People = Net Happiness in this case.
Sounds like your classic model towards income gap. As long as the rich get richer, the "Net Happiness" will increase. If that is the yardstick to measure a country's success, then as long as we keep feeding the rich, we can totally ignore the woes of the poor.
Well, that's the message I am hearing even though you and I know that the logic may be flawed.
Still, when I was watching the video, two words keep flashing in my head.
I wonder why.