Yes. You don't leave the toilet doors open, not because you don't "have nothing to hide", but because privacy is a right.

Everybody knows what goes on behind that door. And yet, everyone would much prefer to close it. Apple's method is equivalent to the toilet door being removed, so that you cannot do anything nefarious behind that door.

Your phone also (on average) have nothing to hide, but that's also why you need privacy on your devices.