Now that I think of it bad things will happen as well even if the data was accurate.
My expectation for the absurd jumps was that Google was calculating locations based on identifying WiFi devices in the vicinity and that for some devices there were duplicate MACs distributed in different regions (or possibly that the MAC on some equipment was being set from configuration rather than being hard-coded). I did not check to see if any of them were 00:DE:AD:BE:EF or the like since I generally only noticed several weeks after the event.
It's also capable of pinging a url with location data if you prefer.
Edit: this may be interesting from someone else actively using it for their own tracking and reporting (includes parsing scripts) https://petermolnar.net/location-tracking-without-server/
At the same time, I get some slight value out of it. I find the history (and the monthly reminder e-mails that location history is on) mildly interesting to look at every now and then. On very rare occasions, I've been able to get some specific usefulness out of location history (I found a restaurant I previously visited on a road trip).
At this point the software I'm using for mileage tracking covers that (and will show my route using a certain ubiquitous mapping system), but I still have that package generating kml files and uploading them twice a day.
Edit: looks like just over 5 years of daily kml files, likely mostly useful for showing just how few new places I go.
On the good side it used to be remarkably accurate at identifying and tracking stops along with routes I had driven. At the same time it would have occasional astonishing jumps such as the 15 minutes I once spent in South Korea during the middle of the day.
At some point they appeared to dumb it down pretty radically and it would no longer even recognize that I had been at a location even when I had been there for hours.
These days I use a separate unfortunately discontinued app for tracking location and uploading to my own cloud storage a few times a day.
I've given up on Google not being evil, but it might be nice if they could avoid being so freaking creepy.