I would too if I thought they could innovate tech that way, but I don't believe that is possible any more.
That's why I want a reboot.
I dunno they could still innovate tech in some ways. Like updating the warp drive so that we can go to different galaxies (stories set in intergalactic space and what weird things we might find in the darkness between the galaxies would be awesome,imho)
They could also explore more cybernetics and transhumanism.
The rest of the innovations could be small, common sense things, like having PADs that work like modern tablets rather than the clunky one-way things they had in 90s trek and stuff like that.
Honestly I would be fine with mostly the same tech (just updated aesthetics) but more societal and political changes.
But I see what you mean that too powerful technology could kill stories.
Another option would be to show the Federation after a technological decline (though, again that's basically what DISC season 3 will be)