There is no magic discovery about the nature of man hidden away in that data. Nothing you're average stand up comedian hasn't already written a bit about.
On a more serious tone, there is one area of research that Twitter data is very valuable for: how information and disinformation is created and spread during major news events: wars, catastrophes, uprisings, school shootings etc.
My gut feeling is that today a lot of quality journalism happens outside of the traditional journalistic organisations. The downside is that also a lot of wild speculation and rumours are spread, but it would be valuable to see how good this modern "crowd" journalism is. A skilled research group can use Twitter data and Internet Archive to track down the original sources of information pretty well.