

I don’t think it would.
First, you’d have to power the device, which is likely going to take a lot of energy.
Second, the device is additive only, so it can’t address issues with built in scarcity like land.
Third, there is going to be an interesting middle ground where you still need some forms of manufacturing to run the economy.
There will be drastic changes to the economy, but I doubt that communism would fully take over.
Same reason I don’t do my own car maintenance, I’d rather spend my time and energy doing something else.