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It seems to me that the technology will always come first, and it will take a while for the morality to set in, but it will eventually.
It's just a fact of how when we learn something new, it takes a while for us to discover the consequences of the new knowledge. Once we do, however, we tend to make as much of an effort as a society as possible to balance the knowledg with it's consequences.
To give a fairly recent example, the atomic bomb. From the first bomb that was dropped, it was just another weapon in the arsenal. In the wars up through Vietnam, it was seriously considered as an option, though it was never needed.
As time has gone by and the effects of nuclear weapons have become clear, it has become less and less of an option to the point where it would take nothing less then a direct thermonuclear strike on a major US city to be able to be used.
Another is industrialization. When the Industrial Revolution was beginning, it was seen as a great advancement in society. People flocked to cities, factories were built all over the place, and recources were being turned into useful items. Now we have found out that pollution, overcrowding, and serious depleation of resources have resulted from the industrialization of society, so we have taken steps to alleviate the consequences while keeping as much of the good as possible.
It's a gradual process of learning. In the future, the learning will likely come at an increasingly fast rate, so we'll be able to discover consequences sooner. So I believe humanity will always be able to keep up with the technologies they think of.
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"Final thought: I just rented Michael Moore's Bowling for Columbine. Frankly, it was the worst sports movie I've ever seen."
--Peter Schmuck, The (Baltimore) Sun
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