Agreed. Look how the electronic industry has changed over the years with T.V's, Phones, smart watches, etc.
Streaming, reading and viewing content has never been easier and more accessible possible through larger screens, and high definition screens at that. Small Phones tend to be just that, a phone which accomplishes primarily for those who use it for texting and some online browsing. But the full experience will never be their for smaller screens, because it's limited and has more restrictions for some.
The major advantage for smaller screens is portability and offering more form factor for one handed use.