It really does feel like there is a long term strategy with miniaturization and functional integration.

The power of a MacBook Pro in the bump of a phone, the rest is just battery, screen, antennas and heat dissipation. What other form factors are they working towards?

Software is eating hardware. I mean, who needs a phone or a laptop if they can be virtualized from a headset? Maybe the phone in the pocket becomes just a folding keyboard + battery combo.

Who needs compute in their headset when their phone already has enough to drive it?

One of my long term personal projects is a "post-laptop" portable computer combining a keyboard with an ARM computer module. The assumption being you could do without a screen and just use headset display like the xreal