"Video" has been so long irrelevant from my own reference point as for this to be minor news. Frame-grabs for newspaper or magazine covers are anything but new. Sometimes it's the only available image, and I have no problem with that in the main. The fact that Esquire used something along these lines doesn't bother me much: that magazine hollowed itself out so long ago it's tough to remember the precise point of its decline.
As far as the "camera of the future" is concerned, there are countervailing forces about: there's a push for more image quality and clarity, but what, precisely, is happening to the media in which said quality and clarity would likely be noticed? Few people would seem to be prepared to discuss the matter. (I'm thinking of an old Quentin Crisp quote: Don't try and 'keep up with the Joneses': drag them down to your level.)
Believe me, I've had the whole still-versus-moving in my mid for decades, ever since I was aware of the notion of still photographers "moving up" to motion pictures. I thought it malarkey then, and haven't changed my mind much. Of course, I rarely watch TV, so I have to be a weirdo. 😉
- Barrett