I know music much better than photography so I tend to look at these things from that perspective and then translate.
This "you have a nice camera" thing reminds me of auto-tune. I assume everyone knows what it is but for those that don't, auto-tune basically takes a sound and shifts its pitch until it matches the nearest semi-tone. You can read more here:
https://en.wikipedia.org/wiki/Auto-Tune
A great singer might occasionally use auto-tune for some specific creative effect. But terrible singers rely on auto-tune to make the notes they sing actually have the correct pitch. Clearly, buying a better auto-tune unit will make you a better singer!
But, in the case of music, the use of auto-tune is strongly correlated with people who are "entertainers" primarily working to make a buck while people with more artistic aspirations generally take the time to learn how to sing notes that are in the correct pitch for the key the song is written in. There's a sort of rough correlation here with buying a new camera to make better pictures because, at least for the last 15 or so years, the automation in each generation of camera has been better than the previous generation. So, if you rely entirely on automation, then buying a new camera may in fact yield better pictures than you were previously taking. However, much like the auto-tune example above, you are still relying on the machine to do the things that are the difference between yelling whatever feels right and singing.
Musicians have been struggling with the results of democratization of technology for a long time. On the whole it's been a good thing but it sure stretches out the bell curve significantly!