Well you will be happy to hear that ipv6 has the same thing with the FFfe::/10 network just like 169.254.0.0/16 apipa range

So like plugging two laptops together? Honestly curious, I can't recall ever seeing anyone using it and the situations that it seems like it should be good for, like initial configuration of stuff coming out of the box, instead come with instructions for setting specific IPv4 addressing or use DHCP. Possibly a lack of some LLNMR equivalent at the time.