The GM trucks all do this but it is less helpful than you might expect. My trans fluid reads about 60 degrees hotter than the ambient air temp. If it is 60 degrees outside the fluid will run at 110-120 degrees. When it was 113 on a trip last month the fluid temp go up to 178 degrees. I am not going to drive it any differently regardless and the same applies to the tire temps. When cold the front will be at 65 and rear at 80 PSI. When they are hot they pressure goes up 8-10 PSI but so what?
I am not going to do anything differently in my vehicle checkout routine or maintenance or driving as a result of having this information. If the tire pressure seems low I am going to check it with a hand gauge which is no different than if I looked at the tire and it looked a little low.
Trucks are the most profitable vehicles sold by the manufacturers so they keep adding gadgets to justify their very high prices.