It's certainly a step towards PC's being much less secure.
In the 1980's the Russians were able to watch what embassies typed in much the same way as the above. Except the Russians inserted the bug into the typwriters power switch.
https://qz.com/932448/forget-smart-tvs-in-the-1980s-spies-were-hacking-typewriters/In the early 1980s, Russian spies did just that, according to a report released by the US National Security Agency in 2012. They developed electromechanical bugs that could be implanted in typewriters and used to transmit information as it was being typed.
The bugs had originally been discovered in 1983 at an embassy friendly to the United States, which the report doesn’t name. Once alerted, the NSA analyzed the bugs, and found that they “represented a major Soviet technological improvement over their previous efforts.” Those first bugs weren’t found in typewriters, but it was determined that they could be used in nearly any electric device.
The implants were the first electromechanical bugs ever recovered by the agency, according to the report. Before this, the US had assumed the only listening devices its Cold War opponents used were small microphones hidden in lamps and walls.
The NSA eventually discovered five unique versions of the implant, all with varying types of power sources and components. The devices used “magnetometers” to discern which keys in the typewriters were being pressed, by converting “the mechanical energy of key strokes into local magnetic disturbances,” and transmitted that information by radio. Those signals could be picked up by nearby receivers, which could then output the information being typed in realtime.
