In the long term (30-50 years), "replicator" technologies could appear, and then game over there's some major disruption coming.
However, for the type of machines today, better democratization means easier prototyping, which combines with hackerspaces / TechShop, open hardware, etc. are already allowing hardware startups to emerge - a movement that's gaining steam rapidly.
For the mid-term, cheaper prints comparable cost/materials-wise with injection molding, this could still do some pretty amazing stuff with flexible production, but we'll still need assembly lines with chips, etc.
Maybe if we can get conductive inks to be responsive enough for digital electronics, we could print circuit board inside and just pick-n-place the ICs. Also, by this time we may have a more modular approach to hardware where only a few thousand components are needed to make 99% of devices - then Kinkos-scale production would be possible. Timeframe: 10-20 years?
What do you guys think?