How to change what the iPhone 17 Camera Control button does

Unless you've gone looking in System Settings, you may not be aware that the Camera Control button on the iPhone 16 and iPhone 17 can be set to do other functions besides set up and take a picture. The Camera Control button is currently unique to the iPhone 16 and 17 lineups. By default, pressing the Camera Control button launches the Camera app on the iPhone 16 and iPhone 17 models.