A video call will never replace the real thing, but I don’t think I’d say it’s dystopian.
And I don’t find the tech in this headset all that different, the exception being that there isn’t a 2nd set of cameras and screens on the non-headset side of the conversation.
On the other hand, maybe it is dystopian, but if so, I’d argue that dystopia is already here and has been for awhile.