That world will arrive in time but it will not be the one built by Apple. The centralised, app-centric model is a dead end for augmented reality.
IOT Sensors are being built into everything around our cities and citizens will need a device to gather and parse this data. In the same way a web browser pulls data from servers and makes it useful, a future open-source AR platform will do the same thing for spatial computing. In this way devices can become lower powered and open-spec allowing for a competitive marketplace of glasses that never become outdated and can be made thinner and lighter.
Road signage might be personalised to every driver but only because the data is contained within the sign itself.
A combination of external factors such as localised renewable generation, increasing community activism, localism in politics and backlash against big social media will mean that people seek more pleasure from their immediate IRL surroundings than a virtual one.
AR will change everything. Future architects will have to plan for virtual interfaces being part of their buildings. Cities will be redesigned around it. And unplugging will be as easy as taking off your specs.