"the harder it is to find flaws in the Standard Model, the harder it would be to use such new physics in engineering."
I think that is very likely, but not necessarily guaranteed. I use similar logic with regard to FTL and time travel; if physics has not quite entirely ruled it out, the window is getting smaller and smaller, and is already to the point it's entirely plausible that even if it's theoretically possible there may be no conceivable engineering path to get to it, even for a hypothetical civilization that can fling black holes around.
However, we can't entirely rule out the possibility that some new physics will come along that will reveal how to easily "flip" matter into anti-matter (there seems to be no fundamental reason why this is impossible, it's just... too hard to be useful), or enable the creation of some state of matter or energy that may be exceedingly unlikely to be created naturally [1], but once created could be leveraged into something useful, or other such things. Stabilized muon fusion [2]? Relatively & QM fusion will certainly reveal something new about gravity; it can't be entirely ruled out that it will in some way be useful to engineering. (Although in this particular case, remember we can eliminate not just the "scientific" theories, but also observe engineers have yet to blunder into anything that seems to indicate any manipulation of gravity in any sensible way. Every real-world device ever built is also a test that shows that particular device must not be doing large-scale gravity manipulation.) Will quantum computers reveal some limit of reality's ability to calculate, and will that limit somehow itself turn out to be useful? Maybe.
Still, I tend to think that as much fun as flights of fancy about time travel, FTL, or bizarre alien tech can be, that the most likely hypothesis by far is that we are indeed very unlikely to discover anything in particle physics anymore that will be of any engineering value.
But I wouldn't counsel disappointment. There's still a lot of room at the bottom. We're not going to run out of technology in our lifetimes. If particle physics bores you, check out what's going on in materials science. They're making qubits sing and dance on command. It may still not build UFOs, but they're doing weird stuff in there.
I think that is very likely, but not necessarily guaranteed. I use similar logic with regard to FTL and time travel; if physics has not quite entirely ruled it out, the window is getting smaller and smaller, and is already to the point it's entirely plausible that even if it's theoretically possible there may be no conceivable engineering path to get to it, even for a hypothetical civilization that can fling black holes around.
However, we can't entirely rule out the possibility that some new physics will come along that will reveal how to easily "flip" matter into anti-matter (there seems to be no fundamental reason why this is impossible, it's just... too hard to be useful), or enable the creation of some state of matter or energy that may be exceedingly unlikely to be created naturally [1], but once created could be leveraged into something useful, or other such things. Stabilized muon fusion [2]? Relatively & QM fusion will certainly reveal something new about gravity; it can't be entirely ruled out that it will in some way be useful to engineering. (Although in this particular case, remember we can eliminate not just the "scientific" theories, but also observe engineers have yet to blunder into anything that seems to indicate any manipulation of gravity in any sensible way. Every real-world device ever built is also a test that shows that particular device must not be doing large-scale gravity manipulation.) Will quantum computers reveal some limit of reality's ability to calculate, and will that limit somehow itself turn out to be useful? Maybe.
Still, I tend to think that as much fun as flights of fancy about time travel, FTL, or bizarre alien tech can be, that the most likely hypothesis by far is that we are indeed very unlikely to discover anything in particle physics anymore that will be of any engineering value.
But I wouldn't counsel disappointment. There's still a lot of room at the bottom. We're not going to run out of technology in our lifetimes. If particle physics bores you, check out what's going on in materials science. They're making qubits sing and dance on command. It may still not build UFOs, but they're doing weird stuff in there.
[1]: As a sort of example, see: https://en.wikipedia.org/wiki/Strangelet#Dangers (Stranger Danger has nothing on Stranglet Danger.)
[2]: https://en.wikipedia.org/wiki/Muon-catalyzed_fusion