<> Regardless of whether a camera is ISO-less, changing ISO never affects the amount of light hitting the sensor. With an ISO-less sensor, the relationship between ISO and dynamic range is linear from base ISO: you [lose] one stop of DR for each stop of increased ISO. With other cameras, electronics dominate sensor noise at low ISOs, and the curve is concave down, that is, one [loses] less than a stop of DR per stop of increased ISO at lower ISOs. Therefore, with ISO-less cameras, boosting the signal in camera and in software are essentially equivalent. In contrast, in other cameras, you will generally get a cleaner image if you boost ISO in camera, up to the ISO level where the camera becomes ISO-less.
You can see a discussion of this and a graphical display by Guillermo Luijk
here.
Someone can correct me if I have this wrong . . .