When I’m doing an organized group ride/race with lots of riders, i.e. greater than 40 or so, other riders names flash on an off above their avatar in some random-to-me algorithm. In a big group, that’s too distracting. Plus, the labels sort of block out the roadway up ahead.
What I’d like to see instead, is any of my favorites and riders that I follow, that happen to be in the group, always having a label above them - because those are the only riders that I really care to know their whereabouts in the group. In a small group of 10 or so, then yes, give others an on screen label, too.