Well partially both. I feel like creating and shaping the life of a human should affect your life more than a camera. No matter how nice the camera or how little intervention you think is needed to parent.

The kid is 10 months old so right now all you have to do is keep it alive and you've done your job. But a camera will never wake you up in the middle of the night, so already right there if you are stopping in the middle of your sleep, or whatever you're doing throughout the day to take care of it it will probably change your life. (Unless your Significant other does all of it).

I'm thinking you were maybe exaggerating with the comparison to a camera or a motorcycle.

Later in it's life (or probably right now) you will be less able to go to parties, stay out late with friends, get drunk by yourself. You will have to teach it to read and walk and to be a good person which takes a significant chunk of time. As well as to just spend time with it, which is probably different then how you currently spent your time, unless you spend a lot of time playing with lego or playing catch.