"not think of it in a bad way"
Sorry, but no, I'm thinking of it in a very bad way.
My medical data being intercepted by Joe Schmuck ? An invisible someone listening to my private conversations ? No thank you, I'll pass.
Where I am is something my phone reveals by necessity and I guess I'm okay with that. If that helps determine where traffic jams are, that is good I will agree. But Real LifeTM is pretty clear : if I'm having a conversation in a public place, then I am aware that anyone can listen (and I shape my words accordingly), whereas if I'm at home having a drink with a friend, my conversation is private and nobody else is privy to that.
Call me back when the Metaverse can handle that.