I suspect classical economists don't see value in this theory. But that said, the underlying point is that cost, price and value are really odd concepts and in some ways, "all made by machines" confuses the hell out of people who thought they had a sense of value in a product which is now made by .. whom exactly? I mean why do I even pay more than the capital depreciation, the input costs and some low margin?
Objects like resistors or pills reflect the sunk costs much more than the labour costs. Are electronics production lines and pill factories totally devoid of humans? No. They moved roles. They supervise machines, or they perform tasks where the costs of (mobile) robots or robots adaptive to contextual demand is still too high.
I have a friend who supervised a totally automated clarified butter (Ghee) factory in Queensland Australia. It operates in a very narrow temperature band: too high and the Ghee tastes burnt. Too low and it gums up the flow. He's like the man in Kurt Vonnegut's "Player Piano" keeping the robot working, which makes the Ghee. There's a driver or two, and some payroll staff, and cleaners, and finance/economics and advertising staff. It's hardly "nobody works here" but they don't employ people on the factory floor as much as they did.
Robot slaughter houses (there's a thought...) are using smart cutting devices to move highly skilled labour to the places they can add value. There are 4 important cuts on a side of beef which have to be made "just right" to extract maximum value in all the subsequent jointing. That demands a skill which goes beyond the normal, you have to sense where the muscle and bone points are on this specific carcase right then and there. 4 cuts, which ruin the value if you get them wrong.
Sheep shearers are highly paid. Robot sheep shearing has been a long time "in development"
It is also worth noting that if you don't have a workforce, you don't have people earning money, and thus don't have people buying your goods. This is not a problem for a Bottega making handbags to sell to Melania Trump and her friends, because you aren't selling them to your local workforce. It's a huge problem if you make milk, or tin pineapples, and expect to sell produce locally: if you don't pay people, they can't buy your product.