Yes, they all have no value.
Let's assume someone got bankrupted by a hospital over a severe coronavirus case. This means that someone has been wandering around for weeks infecting others. Let's assume there is a chain of 10 contacts between me and that someone. The probability of virus transmission is 1% (and I'm generous here) because more people wear masks, because people avoid talking and generally avoid interactions. Probability of transmission over 10 links is 10^-20 and we may stop right here, unless we plan to study quantum particles.
Now let's assume I get a notification that I might have been infected over the past few weeks. The probability that the app is correct is abysmally low. But even if I get infected, I'm unlikely to get sick and I'm unlikely to transmit the virus to others because masks, social distancing and because I already assume I'm infected.
So yeah, this app would be useless and is only good for surveillance.