IIRC, the mechanism that causes asbestosis is repeated scarring of the lung tissues due to the unique particle (fibre) size of asbestos, particularly the blue variety. For other materials, smaller particles are caught in the mucus lining the lungs and cleared by the natural ejection of sputum. Larger particles are caught by the cilia etc in the respiratory passage and are prevented from getting down to the lungs. Unfortunately, asbestos has a rather unique particle size that defeats both mechanisms and can get permanently lodged in the lungs where it repeatedly injures the surrounding cells. Eventually the scar tissue builds up and causes problems including increased risk of cancer and mesothelioma. The fibres themselves are actually inert.
No idea how talc compares with asbestos in terms of particle size or if it's a chemical hazard but breathing anything other than clean air can't be a benefit. Presumably it's a very wide range of sizes but the smaller particles seem to be able to work their way almost anywhere in the body.
Time may tell how healthy it really is to inhale clouds of propylene glycol aerosol ("vaping"
. Although it's got to be better than inhaling any kind of proper smoke, it must condense back again in the lungs and get expelled out again eventually, or ingested. It's been used for years in "smoke" machines and is presumably well understood but not at these high concentrations.
Merry