“With Live Listen, your iPhone, iPad, or iPod touch can act like a microphone that sends sound to your AirPods or Powerbeats Pro. Live Listen can help you hear a conversation in a noisy area or even hear someone speaking across the room.”
Unfortunately live listen is more like a replacement for remote microphones, not the hearing aids themselves. It adds around 70ms latency with a bluetooth headset. This is enough to be very uncomfortable. For comparison, most hearing aids on the market today have around 8ms of end to end latency.
Source: I've built a hearing aid and done extensive latency tests :)
I had a hearing aid app on the iOS app store for a few years, and all I got was whinging about my app not fully supporting Airpods/bluetooth headphones. I had in the app description and on the website recommending using wired headphones so there was no delay, but people don't understand how things work even when they are told point blank. The reason why people don't notice the delay with bluetooth devices during media playback is that media is delayed to sync with the bluetooth audio. When Apple deprecated wired headphones, I called it a day.
In audio a delay of about 5 milliseconds is the most you can comfortably accept without it seeming really annoying.
Well-designed, expensive hearing aids have extremely low latency, but there are theoretical limit. The more frequency domain processing you want to do, the more samples you need to do it, and the more delay you're going to have even in the best-case engineering.
Smartphones are unfortunately typically not able to meet these kind of specifications. Much longer delays are acceptable in voice communication because you don't hear your own voice and the delayed voice at the same time.
Point being, it really has to be a specialized device designed from the ground up to keep the latency close to the theoretical low limit.
“With Live Listen, your iPhone, iPad, or iPod touch can act like a microphone that sends sound to your AirPods or Powerbeats Pro. Live Listen can help you hear a conversation in a noisy area or even hear someone speaking across the room.”
It even supports hearing aids (a few? Some? Many? The most popular? I wouldn’t know). See https://support.apple.com/en-us/HT210386