The democratization of the means of production is going to experience something new over the next decade. Localized manufacturing will no longer require large capital investment that relegates it to serving the purposes of rapid prototyping. The replicator from Star Trek in a primitive form.
Current home systems for rapid prototyping/3D printing/localized manufacturing extrude hot plastic in layers that cool on contact with the existing structure. This is limited because you can’t add material if it doesn’t have proper support below it. So no “floating” rings or overhangs sharper than about 45 degrees. The professional systems use lasers and special resins pools that allow for these suspended objects. I assure you as an optical engineer that involving lasers makes things expensive/high-maintenance/complicated. How can this issue be resolved?
All manufacturing can be broken out to additive and subtractive processes; atoms selectively go somewhere. Hot plastic 3D printing can add material, but it can also add materials. MakerBot’s Replicator can extrude two materials at a time to make things like globes:

But in addition to different colors, it can print different materials like water soluble PVA plastic.Why would you want to print something that can dissolve away in water? Because you have now doubled the number of operations you can perform by the addition of a subtractive process. Now “floating” objects can be created (like a chain with seamless links) by just melting away the support material in water. Now any possible shape can be printed with the only minor sticking point is that if you don’t want the support material inside complicated shapes, then you must leave a hole for it to escape (duh!).
So one issue is resolved, that thing still costs $2000 + Materials + Software + Computer! Part of that is that the scale of production is not in the millions. There are simpler solutions on kickstarter ($500 3D printer, $390 CNC, $2000 PCB CNCer). These three projects are just the start. I think literally printed circuit board will be the winning technology, although perhaps not in the bendable form. Inkjet printers are really 3D printers that take one pass. Materials are a market issue and you can make it from corn. Software is a matter of open source development drive. FreeCAD is alright. Computers are falling in price like a rock (Raspberry Pi – $25 dollar computer). For $1000 you can put together a desktop that is ten times as powerful as my Rose-Hulman laptop (which had some juice).
Will everybody want this at first? No. Personal computers were just recipe storage machines until the Internet. Will people want a remote control for the TV that is molded to their hand from their medical data and has buttons auto-arranged to their viewing habits (one button for CNN)? Probably once all of that is automated. The only future beyond it is bacterial-assisted manufacturing and full organic manufacturing (living, reproducing iPhones) because they own us at sub-micron machining efficiency, for now.






