Imagine if Pokemon go used the elevation data from gps. It's just lat long. People would be climbing trees, using prybars to open the locked roof access doors of tall office buildings, etc.
Anecdotally, when standing next to FCC licensed radio systems on roofs, which are supposed to have accurate license data in their database entries for height MSL and AGL, I have seen elevation data from my late-2019 vintage smartphone just as accurate as on a $5000 surveying GPS.
At least to within 2-3 meter Z axis of reality.
https://support.garmin.com/en-CA/?faq=QPc5x3ZFUv1QyoxITW2vZ6
Important quote:
"It is not uncommon for satellite heights to be off from map elevations by +/- 400 ft."
Wow.
If someone is trying to state the location of, for instance, a good bivy site on a rock climbing route, "1890 m on the SE ridge" is equally as precise as the GPS coordinates, but much more descriptive.