Douglas ##s : Release of new iPhone is being touted as a big boost to the economy . He says such pronouncements make him think more of a hyper - inflated bubble in the making . He says much of this comes from carriers subsidizing subscribers ' purchases . Rushkoff : Developers , are obsessed with iPhone . And while the opportunity for corporations to make billions on these apps may be overstated , we may still see a new peer-to-peer marketplace emerge between independent developers and the users of their bounty of applications . Like other tech booms , it too will pass .
Douglas ##s : Release of new iPhone is being touted as a big boost to the economy . He says such pronouncements make him think more of a hyper - inflated bubble in the making . He says much of this comes from carriers subsidizing subscribers ' purchases . Rushkoff : Developers , are obsessed with iPhone . Like other tech booms , it too will pass .