A landline phone is also trivial to tap into. Should you not expect some degree of privacy on the phone?
By 'trivial' to tap into, you mean I'd have to physically cut your line somewhere and attach a listening device, right? It seems very reasonable to expect privacy on a physical point to point wire.
With Wifi, if you're my neighbor, I need to sit at home with my computer and your photons come straight to my antenna. It's like you're giving them to me. I don't see the similarities.
The FCC rules for WiFi devices basically state that they must not cause any harmful interference and must accept any interference that occurs including that which may cause undesired operation. Read the manual that comes with any WiFi device and the text of that will be in there (the FCC rules require it to be).