> You need to crop, color correct, distortion correct, noise correct, exposure correct. Only after that would you ever really want to apply some kind of bokeh filter.
Modern phones already do all that - and seemingly in that order.
As a photographer, what I find lacking are the lenses. You can only squeeze so much light from the relatively tiny lenses. Perfect recent example was kids Christmas play. Sitting back 25+ meters, with somewhat dim lighting and fast moving kids, I could see the other parents with their smartphones and tablets getting very poor photo's and vids - whereas my Nikon had zoom galore and excellent clear focus.
Physics matters.