While some might see this process as overly intrusive, it should help protect Macs against some in-person and malware-based camfecting attacks, as any application that has permission to access the camera/screen recording will be surfaced once a week. That means if an app you didn't expect to see there appears on the list, you should take immediate steps to secure your device.
Seen in context, these latest security improvements mean the Mac is becoming better locked down as Apple works to make security protections you already have in place more understandable. Take the Privacy & Security section of Settings for example: Over time, this has become an extensive, perhaps daunting, collection of options Apple has made easier to understand.
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