Yes, it's true, that on the next screen it will tell you how much you saved using Prime and will offer to look at other plans or to continue cancelling. So this screen is sort of a dark pattern, I guess. Even then, privacy-oriented companies like Proton show a similar upsell screen on cancellation.
Overall Prime cancellation is very straightforward, compared to scummy companies that require you to email or call them to cancel membership. Unless the (unreasonable) expectation is that the CANCEL PRIME button should be front and center on every page on amazon.com. And clicking it should immediately cancel the membership without any confirmation.
Edit: the shaming element of the cancellation process was removed by Amazon long time ago.