I am in the boat that it could be a great thing, but it's the systems around that just currently don't have the level of trust to really leverage it.
If local AI used with systems with absolutely minimal storage and good p2p levels of permission were used and laws to minimize abuse by the state and corporations were in place it would different.
By example the opposite of what Ring represents would be good to me.
The fact that the employees were able represent their defacto power in a crisis is good, but the fact that the don't have explicit power in the decision making process is why this able to happen in the first place.
There are no good kings, even if the best men were made kings, they would be inherently tainted by the position.