lol, not at all. It's a new category, people can take loads more shitpics and store them indefinitely which is a fantastic capability. People who had no photos of their family now have hundreds.
At the end of the day, light is a physical property and the more of it you get into your lens, the more of that light can fill your sensor. Phones are still doing a lot of guesswork, post-processing that create photos that aren't underexposed, but are quite unnatural.
Plus gen-z is running around with all the point and shoot cameras we threw away 15 years ago