Another way to look at it is if you are in an accident, a seatbelt will 99.99% of the time stop you from being ejected from the car. A hard hat will prevent your skull from fracturing when hit in the head. Goggles keep foreign matter out of your eye. The SafeBrowsing blacklist prevents Chrome from automatically loading malicious payloads on unwary users. So in what way does hiding the URL measurably stop the dangerous action? It doesn't. A less hyperbolic parallel would be how cars have changed from showing gauges for engine performance and have only a single "check engine" light for any problem detected by the ECM.
That said I think this change is inevitable. My experience with non-technical users is that the URL is irrelevant Most do not know the difference between typing an address and typing a search phrase.
I was looking past the headline to the actual content of the article, which was much less click-bait-y: "rework how browsers convey what website you're looking at, so that you don't have to contend with increasingly long and unintelligible URLs".
The article never once says "hide the URL". We have no idea what form their solution will take (and they probably don't, either, yet) but they make it clear that they know the URL itself does have value and they're not going to just hide it.