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In order for this to work to the extent optimistic comments over here suggested you'd need one fundamental thing -- free energy, which is one thing humanity is lacking as a whole as current trends are downward, be it energy production or consumption per capita. At least never such fundamental changes have worked in the past without abundance of energy and always it has been coupled with upward trend in energy flow per capita.

Of course, if the plan IS a fundemtnal change akin to industrial revolution that supposedely should increase the value of goods and wealth of average human being. Speaking about industrial revolution, the basic process invloved quite some social changes with the flow of free hands into the industrial sector of economy. For that to work the first thing that was done was mechanization of farmers' work and replacement of smaller farms with bigger enterprises to increase margin, thus basically "freeing" (aka bankrupting) quite some farmers from their work thus fueling industrical revoluton. Given current dive in global demand, questionable future of export-oriented economy, I don't realy see a future for the people fired due to robotization. Not that I see any future for robotization any time soon on any meaningful scale outside what have been already created at current point.

So I'm afraid it's same old Chinese cheap labour until the time that shaking construct collapses on our heads rather sooner than later. Sorry, for ruining your wet dreams.