Did you even bother to read what I wrote? I essentially said he was offering a brighter flame to a moth even if he didn't say the word "technology".
Just because Picard doesn't say the word "technology" doesn't mean he's not talking about technology. And it's not like it matters anyway since the Borg are after more than just technology. Even if Picard was to say something like "We don't need technology to beat you. We have our intellect!", they'll want that too.
As this episode demonstrates, anything you try to say whether it be a threat or imply that you can defend yourself against the Borg is not going to sway them. If there is something that can threaten them, not only will they want it, they've got the means to do it as was discussed in engineering,
DATA: Borg technology has given each member of their society the ability to interface and function collectively. It is likely they have constructed their ship with the same philosophy.
WESLEY: You knock out one generator and another takes over without interruption.
RIKER: What kind of damage would we have to do to shut them down?
SHELBY: Projections suggest that a Borg ship like this one could continue to function effectively even if seventy eight percent of it was inoperable.
That's a lot of cube to destroy, and they don't even mention the part where the Borg can adapt to weapons and repair any damage that's been sustained. Even if it can hurt them, they have the means to endure a lot of it.
Picard is not threatening a moth with a flame. He's threatening fire with gasoline.