We Are Officially in The Post "Peak Camera" Era; What Now?

Hugh Brownstone at the YouTube channel Three Blind Men and An Elephant has a great discussion on the way we are transitioning from traditional camera gear to Smartphones that is well worth watching.

One observation that Hugh makes that is insightful is that the camera manufacturers are working hard to continue building and selling big heavy gear like they always have, yet most of us like small pocket size convenient gear.

The impact of smartphones on the camera industry

As an avid camera user for over 50 years, both professional and non-professional, I ran across the above chart (click on it for a larger view) a couple of years ago and was amazed how much this data reflects my personal use of camera equipment! Since originally seeing the chart, I keep running across confirmations that smartphones are destroying the camera industry.