LS-43894-update-dependencies-go.opentelemetry.io/otel@v1.16.0

[tratnayake]

Description:

• Adds support for collector based exporting (using batch processor and otlp exporter) for otel-go traces. #464
• Updated dependencies on go.opentelemetry.io/otel to v1.16.0 #471

Testing: make precommit ran without failures ✅

[jmacd]

for x in `find . -name go.mod`; do (cd $(dirname $x) && go get google.golang.org/grpc/interop ); done

? 😵‍💫

[tratnayake]

Ran into a lot of issues, turned out that the build was failing at the end due to test_386 . That test has now been disabled due to this known issue: See: apache/arrow#35861

Merging now ✅