But that would mean that the entire protocol would have to be made open including E2EE, and that other parties besides Google and the telcos would be allowed to run servers. Those things are very unlikely to happen.
And the social problems are not a technology problem, it's more a result of the harsh competitive American society. Without blue bubbles there'll be something else that kids will be bullied for. Only when the whole concept of "everyone except the #1 winner is a loser" is dropped this will disappear.
And Google didn't try to convince Apple to do this out of the goodness of their heart. Like I said most of the protocol (except the E2EE) is open but the implementation is not. It gives google even more control. You also won't be able to use it on a PC without a google account which is a big dealbreaker compared to Whatsapp and Signal. iMessage isn't a thing here in Europe anyway (neither is SMS/MMS).