At the moment, there are expensive-but-affordable home CNC laser cutters, typically for a small number of thousand EUR/USD. The more powerful ones can do a very neat job cutting (up to a few mm of) plywood. There are also CNC plasma cutters, which do a good but slightly rough job of cutting sheet metal, and are relatuvely large and complex beasts. I guess a highly-powerful laser, of the type envisioned, would offer the best of all worlds: relatively neat and quick cutting of all materials on the same compact machine.
They might also replace handheld plasma cutters (and welders?) too.