Douglas Rushkoff : Release of new iPhone is being touted as a big boost to the economy . But it's not really that, and it's actually going to hurt us more than help. He says much of growth comes from carriers subsidizing subscribers ' purchases . Rushkoff : Developers , investors obsessed with iPhone . Like other tech booms , it too will pass .
Douglas Rushkoff : 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 growth comes from carriers subsidizing subscribers ' purchases . Rushkoff : Developers , investors obsessed with iPhone . Like other tech booms , it too will pass .