I guess “expensive cameras” is too honest to be a term. Well, except for Leica . . .I think cameras have always needed a designation of being higher quality or complexity with the general public: mirrorless is a buzzword that says the camera is more expensive and capable of doing more, better. DSLR had the same cache before now, though the term has morphed into something else now among photographers (I still see merchandise that sometimes incorrectly uses "DSLR" to refer to even mirrorless cameras, so the wider public still sees it as being a label of higher "level"). Granted, there aren't many "low-quality" P&S type cameras anymore, but I don't see the conception of tiers of cameras as dying out yet (even while the lower tiers of cameras are dying).