Vladimir_Nesov comments on Human values differ as much as values can differ - Less Wrong
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(Whatever, this is a technicality not relevant to the argument.) I doubt having insight is a downside in itself, only perhaps in as much as it makes it no longer possible to gain that insight without also losing it first; and beside the gaining of insight, there are lots of other things people value.
Having an insight can be a downside if the insight disrupts your worldview, or makes you face an unpleasant truth. There is no law saying that truth and happiness are always allies.