Physical labor can be replaced with robots. But intellectual and creative labour won't be for a long time - AI notwithstanding.

Even the simplest tangible product requires considerable manufacturing capacity and capital investment. That is why startups are more likely to focus on yet another app or website. So many KickStarter product projects fail to come to fruition. Even Nest, DropCam and Revolv are faltering - in spite of Google's technological and financial prowess.