It's not for you. It's for people who don't know what a password manager is and can barely remember their password. If they actually remember it. Many people rely on their phones always having access.
I have dealt with a lot of family members who absolutely cannot be trusted to remember even a single password if they don't have to type it in semi-regularly. I've have family members locked out of password vaults because 2 weeks is too long to expect them to remember a password.
This is who that flow is catering to. It's a significant amount of people, sadly.