How quickly does the technology develop?

Started Nov 24, 2012 | Discussions thread
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Benoni
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How quickly does the technology develop?
Nov 24, 2012

Hello. 
About 2 years ago, I bought a 14MP digital point and shoot for alittle over 100$.

Today, my iPhone 4S takes better photos.

I was woundering, how quickly is the camera technology developing? are we getting to the point where the tech cant develope much further, or will my next point and shoot be sub-par come next year?

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