A few people will create videos in a new genre with this...perhaps, but the vast majority of the billion or more phones being sold will be used to make cheesy rack focus tiktok memes.
Personally, the trend towards short social media content is disturbing. Spend 5 days straight swiping through instagram reels or tiktok and then step back. You will be less patient, dull, and be addicted to instant gratification.
Shits toxic.