Yes, exactly. This proposal is just free riding on the sadly enstablished conception that you don't really own your device: it doesn't work in your interest but in those of the manufacturer, the developer of the programs you use and, if this becomes law, your government.
If we really want to stop chat control and all the other proposals that will inevitably come after, we should really work hard to try to reverse this. I think asking "don't break encryption, please" is really the wrong way to go about it.