People said the exact same thing when the mouse and GUI came along - it was eye-candy, a substitute designed to distract the credulous from the fact that we had hit the limits of productivity and that it was all downhill from here on. They said the same thing about microcomputers and minicomputers as substitute for mainframe terminals.
Tablets have any number of interesting productivity software being developed for them (innovative word processors spring immediately to mind), but developers are severely limited by the hardware capabilities of those platforms... Obviously we won't see a full fledged version of Photoshop or Final Cut written for a tablet for many years to come, but I think we might see that eventually.
Machines optimized for creating stuff keep getting better, and aren't going away. I don't think it's necessarily bad if those machines drop to a smaller market share. It's usually a much smaller percent of people who create the apps and content that aren't crap anyway, and most of the consumer audience goes to them. Getting optimized video production machines out to the masses via cellphones is cool, but it's not really improving the average video on YouTube.
For creative ideas at the OS and interaction levels though... yeah, the platform owners need or want to own most of it. I think they're OK with jailbreaking the platform to the extent it creates a testing ground for new ideas, that they can then adopt.
[0]: http://blog.byjoemoon.com/post/9325300749/a-different-kind-o...