This but more advanced would quite nicely help with my tinnitus. I hear fine when one person is speaking (even softly and at a distance), but multiple or with music, I hear nothing.
In the same boat. I have some tinnitus (low frequency, radio static like noise) and struggle with conversation in loud places with lots of background noise and conversation. If I sit in a loud bar it is hopeless hearing what anyone but the closest two persons are saying. Conversation in normal settings are mostly no issue.
So something that would enhance the speech of whomever I'm looking at would be super cool. Apple AirPods already have some sound shaping abilities to react to environment and mode. They also support specific voice enhancement if you put your phone down in front of the person speaking. If they ever support directional voice enhancement, like in this research, directly in the AirPods it would help me so much with social interactions in loud places.