Think about the pitch for removing the feature, "So, we're going to make this in the OS, where visually disabled users cannot highlight anything in any application, can't move text between applications, cannot get the window title, cannot get the window tree, cannot have applications automate or know where other applications are, and basically they won't be able to use their computers. But everyting will be super private. Even the human using the computer won't be able to read it." This is what modern linux desktop computer is on waylands thanks to this toxic privacy meme. It literally just doesn't work for me.
Privacy needs the kind you're talking about simply don't exist on desktop computers where the human actually controls everything (as opposed to smartphone model where the user controls very little and applications are hostile and opaque). If you want to break accessibility and functioning of smartphones, fine, go for it. But leave desktop computers alone.
Gone are the days when you could download a software, run it, and trust that the developer isn't transmitting everything on your system back to their servers. Developers have poisoned the well and repeatedly demonstrated that they will run roughshod over the user's system, send telemetry back about everything the user is doing, enroll them in A/B experiments they didn't ask for, and take advantage of every resource, every peripheral and device, and every bit of personal information they can get their hands on.
Unless you are 100% running open source software that you have personally vetted, or that you trust that the package manager / maintainer has sufficiently vetted, you can't copy a password into the clipboard with any kind of confidence that other apps aren't sneaking a peek.