All it does is make the pupil smaller? Sure that will improve sharpness, but less light will reach the retina.
It comes with the same downside: reading in low light is difficult.
For pinhole intraocular lenses these are implanted in just one eye for the same reason.
I imagine this product would be used in just one eye at a time.
The dosage instructions say to use it in both eyes
https://www.accessdata.fda.gov/drugsatfda_docs/label/2025/21...
It's plausible that making things sharper at the expense of making them appear dimmer would be a good trade for some people sometimes. And you don't have voluntary control over your pupil so this medication could help. But it seems like it would have very limited applicability.