[miro]

I'm starting to wonder how often the camera will be "enough".

I'm seriously tempted ...

Direct an short answer is - Yes, it was already 'enough' for the most people at 2020.
We are one year later. All major manufacturers /Apple,Xiaomi,Google/ lunched new phones. All of them target the content creators. It is really nice to see what one young or middle aged content creator can make with smartphone nowadays.
  I'm wonder how big will be the traditional camera business after few years.
My prediction is - consumer and general content creators /youtube,tik-tok/ will be using smartphones.
  Development at the high-end side will be more interesting. Japanese camera manufacturer will be forces to fight against big boys - Hollywood camera or in the lens area against old Zeiss and Leica. 
  Another trend seen at least here in Netherlands is that young generation either choose smartphone either dark room. Traditional digital camera for them are either 'digital rubbish' or to cumbersome to use.
For more info. See the numbers below
1. https://www.cipa.jp/stats/documents/e/dw-202107_e.pdf
2. use google trends tool
3. follow introduction of apple 13, pixel 6, samsung and xiaomi.