>"Read and change data on all websites" does not, to me, imply "make network requests on the user's behalf"
Yeah, I don't like this phrasing either, I think it downplays the risk to a dangerous degree (which is "it can see and do literally anything on any site you visit", which is GIGANTIC). It's one of the worst permissions to request, but it doesn't look like it.
But other permissions systems don't have per-site controls, or the ability to turn things off until activated, or isolate everything, or... the list is huge, others generally have permissions like "can access this folder [and others we haven't told you] [and folders you give it access to, which you can't revoke later https://news.ycombinator.com/item?id=47719602] [and only for applications which opt into this, normal ones can do anything anywhere any time]...." which is much worse.