There is a second mode in some. There it broadcasts emergency, uncontrolled plane will land, get of my way as I won't get out of yours. Useful if the pilot is dead (so a passenger who is told hit that button in an emergency can safely land), but cannot be used for anything else.
> [A man] was driving along in his motor home. He turned on his ‘cruise control’. Apparently misunderstanding the function of ‘cruise control’, he then went into the back of the motor home. The motor home drove off the road and crashed. Apparently he did not realize that ‘cruise control’ is not ‘autopilot.’
This story is apocryphal, but it illustrates that the popular understanding of 'autopilot' for road vehicles was full self-driving.
I don't think the claims are solely about the name "autopilot", but additional names and marketing.
It has a different name because it is different from traditional autopilot that just maintain heading and altitude.