Earlier quoted context omitted.
Yes. The Chrome devs refuse to accept there are viable cases for not allowing autocomplete.
I'm sure there are valid reasons. Unfortunately, many sites disable it without a good reason, and in those cases, I am glad Chrome hinders their misguided efforts. Many banks, for instance, think password managers are bad and disable it. Chrome preventing them doing so is a good thing.
Google isn't the arbiter of how the internet works, but they love to act like they are.