Let's play with alternative look on things :o)
Technology made certain things pretty much free and it continues to do so. But that is highly inflationary. Things optimized by technology became like air - you don't pay for them, therefore they cannot be included in the set of goods and services, so even without monetary inflation we'd have the same amount of currency units chasing shrinking amounts of goods to buy. How about that? :o)
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Except that isnt true.
How many subscriptions can you have? Think of just the substack and patreon subscriptions.
Also, arent we seeing things such as GPUs expand in numbers. The total number of sensors is skyrocketing. If we think of the entire telecommunications infrastructure, it is a continual expansion in the number of units.
So I dont find your theory in this instance to be on target.