I doubt it ever even got close to a boardroom, because it was probably a pretty easy decision made at a far lower level.

“I was talking about Winnie the Pooh, and my phone autocorrected Tigger into something much worse. We probably don’t want iPhones to autocorrect towards some words, even if they’re legitimate words. Do y’all think it makes sense to bias autocorrect away from potentially risky subjects?”

You can still type that word into your phone. You can still send it to anyone you wish. Autocorrect just isn’t going to suggest it to you on accident. Not autocorrecting to potentially embarrassing, uncomfortable, or sensitive subjects is probably a good idea that’s—at the iPhone scale—probably saved quite a few people’s jobs by not fat fingering something that would have gotten someone fired.