That might be true for hobbyists or side projects, but employees definitely won't get to work less (or earn more). All the financial value of increased productiveness goes to the companies. That's the nature of capitalism.
I am cool with all of that but it feels like they're suggesting that coding is a chore to be avoided, rather than a creative and enjoyable activity.
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You might as well say a motor has no moving parts, because it's done with electromagnetic impulses. But that would be absurd.
Obviously the hinge of each disc will wear and tear and eventually fail. Buildups of dust and oil will affect them too and prevent them from flipping. Flipdiscs are as mechanical as mechanical parts get.
You writing in the intro: "...have no moving parts, near limitless lifespan..." is just not credible.
And if I'm being entirely honest, that's where I stopped reading your post, because you simply didn't seem trustworthy. You might want to focus more an accuracy rather than hyperbole if you want to maintain readers.