Indeed, and most of the time, it prefills the correct word for me so I just have to press space instead of five more characters.
People seem to hold a grudge for autocorrect from the times of T9 prediction, because they keep typing in shortened text language and because they feel they lack control. This feeling is reinforced when you first use iOS as the autocorrect system comes with a generic pre-trained prediction database that might feel jarring at first, yet the system will learn progressively from you as you type, including virtual key sizes.
People seem to hold a grudge for autocorrect from the times of T9 prediction, because they keep typing in shortened text language and because they feel they lack control. This feeling is reinforced when you first use iOS as the autocorrect system comes with a generic pre-trained prediction database that might feel jarring at first, yet the system will learn progressively from you as you type, including virtual key sizes.