I presume that most folks here do not earn their living from photography.
I bet most of the images we make are viewed on screens and stored in a computer.
I love my camera gear and I enjoy photography of all sorts
but the quality of the latest generation of smart phones is impressive. Both for stills and video.
What's more they are easy to carry..........you can make phone calls and text...watch films and TV. And play games . Not to mention access to the net. I' stating the obvious but this coming together of technology must signal the end of photography and camera gear as we know it .
The latest smart phones are Impressive ..really impressive. Bearing in mind my 2 opening statements do we need more? .......So when will the penny drop and will we start to swap a £1000 camera for a £1000 smart phone?
If we all come to this conclusion together there is going to be a lot of good gear on Ebay for not a lot of dosh ?
Impressive compared to what? Compared to previous generation smartphone? Yes. Compared to current mirrorless/DLSR? No.
And why does it have to be one or the other? Why can't a phone and a dslr/mirrorless camera co-exist in their respective niches? They serve vastly different purposes. There's no risk of one eliminating the other IMO.
I've used both an Olympus E-M10 and an iPhone 8 today. M10 mostly but phone did a marvellous job except in some difficult light where both cameras gave a magenta tint to some features. Not a problem, because I shot the M10 in both jpeg and raw. The raw can be easily adjusted in post.
I'll just post one made by the iPhone unedited [the Olympus picture is very similar] and one after a minute's editing with Apple Photo. Remember that the first, the original is a jpeg and the edit is on that same jpg.
I'm not claiming ultimate image quality, just that something can be achieved in quite dark and difficult lighting conditions from even an iPhone image.

A custom white balance on the Olympus would have sorted it, but the iPhone just did this with no camera option to rectify

Tweaked exposure, raised shadows slightly and corrected WB in post. This is more like it.
The greenish light in the second is not quite right, but given another minute of my life I'd get it right I'm sure. If I want this particular image to be perfect, I'll see what the RAW from the Olympus looks like and see which I prefer and If I prefer the Olympus image content, I'll process that.
There's always this to fall back on of course
Yes, I know this is all crap when viewed at 100%, but why should anyone care if its not destined to be printed large. Its fine at up to A4 viewed at a reasonable distance. If I or anyone wanted ultimate quality, for a commercial shoot, depending on the intended use the phone is not appropriate, but for most people most of the time, this is now their preferred camera, and why not.