Great take by MG Siegler on Live Photos:

You know the scene in almost every movie where a person is looking at an old picture of a loved one when suddenly it triggers their memory of the moment and we’re taken back to a live version of the scene? In a small way, that’s Live Photos. It’s hard to see right now because these iPhones with the functionality are brand new and so the memories are still fresh in our heads. But just imagine what these Live Photos will be like when you look at them in a year? Or ten years? They’ll be memories, captured in time.

See also: Jeremy Olson on capturing moments of a child’s life with Live Photos.