Better hope that's context-sensitive. Street meth addicts commit enough random assaults and smash enough car windows now, just imagine what they would do if they were literally invisible.
Smartphones are already all but mandatory for certain locations/demographies. Not owning one carries an immense penalty when it comes to access to government services, banking, and general daily functioning.
Even the pass-generator is diffiicult to fiind on the login page....keeps telling me 'not authorised' without the phone ok.
*don't drop your phone!!* Especially when you'll suddenly need it to buy a new phone.
It all depends on who's in control of the device. It'll be great if we're in control and the technology is used to empower us. It'll suck if the corporations and governments are in control and the technology is used to manipulate public perception and extract revenue.
Also papering over social problems means those social problems will bite you in the ass eventually. Never underestimate the power of a bunch of desperate people.
Are news bubbles a problem? Imagine if people actually block out reality on an even more direct level and what that means to their perception of the world. What if people can opt into trusty AR programs to "show" them the stuff in the world they're missing (the conservative conspiracy or liberal agenda), and those also selectively omit some other things?