I assume people mean without going through one of the existing senses, although I wonder if it would really feel like telepathy. If you suddenly had a sense for magnetism would that just feel like a new addition to your ordinary senses, for instance?
Because language is, in the big picture, very very small.
And if we were going to exchange memories etc, we might have to encode it.
You may enjoy Ted Chiang's "The Truth of Fact, the Truth of Feeling" [1][2].
[1] https://web.archive.org/web/20140222103103/http://subterrane...
[2] https://en.wikipedia.org/wiki/The_Truth_of_Fact,_the_Truth_o...
An exception: high resolution transmission of emotions could be revolutionary.
Why craft emotionally evocative images or sounds when you can deliver it directly?
The future William Castle saw for us. Um . . . sniffed for us.
In space in the metaverse on the blockchain!
</snark>
I feel like I have it covered without implanting stuff in my head.