Chrome's entire reason for existing is that Google wants control over the client, so they can control the capabilities of the web. If they are snooping on the data of webpages or what you type, they will lose that. Also the fact that millions of eyeballs are on it, including security researchers who would be more than happy to report it.

There are dozens of "phone home" features in Chrome that by default leak everything from what you type to every single url you visit. Check out https://github.com/Eloston/ungoogled-chromium to see the extent of patching they need to do to shut some of those pipes off.

They are doing it now. Maybe this comment needs to go back to 2011 when no one knew better.