Yes, but too slowly to matter. Average person consumes 1.5 liters per day of water, so if you live to 100 that's 55000 liters. At 1 ppt that's 1 ng / liter, or 55 ug over a lifetime. That's multiple orders of magnitude less than one drop of the stuff to your eye.
We will know after the drops have been out for over a decade, and actual real-world safety data studies get published.
Meanwhile, Restasis (cyclosporine A) (or a generic) works well, and doesn't have to be applied all day long, just two or three times a day. It does burn the eye initially, but it's not harmful, and the burning goes slowly away over time. It does take a few months to start working.