Ya. Even a limited use AirPod-as-language-translator-in-real-time could be a good use of technology (something like this was in Hitchhiker's Guide and many other sci-fi). The leap in AI skill to trust translations more could enable the leap from looking at a phone to just having a bug in your ear.
Interestingly there's already an AI powered earbud [0] on the market that claims to do that; whether it's any good or if OpenAI can do better remains to be seen.
But how long before it's capturing audio from your conversations to use as training data?