Normal apps wait until the user attempts to perform a paste action to access the clipboard, instead of accessing the clipboard every two seconds.
I'd only refine your post to say that it's common for apps to read the clipboard without you pasting. Right click Chrome's omnibar and it will show "Paste and go to <clipboard contents>", my bittorrent client and RSS clients prepopulate the new torrent/feed form if I have a URL in my clipboard.
Is the tiny convenience worth the ability to snoop? I don't think so. Or rather, I would like to decide that for myself.