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They can't be large DSLR style interchangeable lenses because of the form factor. Nor can a single tiny lens even have the range of a compact digital camera because of the form factor. But by adding extra lenses to cover different focus ranges, a smart phone can replace the compact digital camera device. They can't be as good as a DSLR, but I haven't needed anything but my phone and DSLR in years where before I bought a new compact digital camera every few years.
A camera is made up of a lens and sensor. In phones, there is a 1:1 mapping between lens and sensor. For example my pixel 7 pro has 3 lenses on the back each with their own sensor. If you know of a phone that has multiple lens feeding one sensor or vice versa, please link.
That premise isn't supported by demographics. Over 80% of the US population is either over 50 or under 10, neither of which represents significant social media selfie craze.
Furthermore, point and shoot cameras used to be multi billion dollar market before smartphones. That market is now dead https://shotkit.com/news/smartphones-have-wiped-out-97-of-the-compact-camera-market/
Regular people were buying cameras. They replaced their camera with a phone. Regular people, before there was social media, took lots of photos.
I didn't say anyone cared about professional results either. I specifically mentioned in an earlier post that phones replaced the compact digital camera market. Regular people bought new compact digital cameras every few years to take better photos despite no social media.
I already linked a survey that only 10% of technical Android users do not care about camera quality when deciding on a new phone. Regular users want a good camera. Regular users used to buy new compact digital cameras to take photos before social media.