Probably the case
Smartphones are good for quick and dirty one stop shot for web display ( granted under certain circumstances ) That is what they are made for, In between that press button to image, alot of processes like auto HDR and other computational photography goes into the mix to output a decent picture.
There are already some smartphone makers sporting 1" sensors ( although the definition of 1" can be debatable depending on how it is measured ) Physics is still limiting, to use the whole sensor + slim profile lens , Sharp Aquos can only fit a 19mm lens. Sony's Xperia PRO-I is unable to utilize the whole sensor despite having 1" sitting inside.
Hope mirrorless camera makers can also imbue more computational ai magic / editing into the camera system as an added feature. Granted that is not their primary role , it is still a great option to level some grounds in terms of convenience. Not everyone wants to go back and tweak raw. Zeiss has their ZX-1 with lightroom mobile but is stupidly expensive.