If you've ever driven in bumper to bumper traffic on a highway you know how invaluable this info would be, even to a human driver.
Plus info about road conditions (icy spots ahead!), etc..
There is no reason to sit at a red light at 2:00 in the morning when there are no other vehicles, pedestrians or bicycles on the road. But the law currently requires it.
Wouldn't Google want to be first in line to get something out into the field? Morphing Waymo into a V2V base would be a smart thing to do IMO.
If anything else, during the transition to fully-automated, it would be wonderful if human drivers were able to visualize the intent of the automated vehicles around them. To know that a car is going to merge into my lane in 50m, or is attempting a U-turn, is so much more useful than simply seeing a turn signal.