I think that could help some, since the latency problem is likely made worse by the difficulty reading people's body language to identify the flow of the conver

I think that could help some, since the latency problem is likely made worse by the difficulty reading people's body language to identify the flow of the conversation (e.g. latency + not being able to read the body language of when someone is finished speaking means people interrupt each other). However, I don't think it would help with the latency itself.