Just tried it. Didn't work. First off the only options are "default", "no user gesture required", "user gesture is required for cross-origin iframes", "Document user activation is required". None of which sounds like "disable autoplay"
Set the flag to "Document user activation is required", restarted browser, went to youtube, videos autoplay
Set the flag to "Document user activation is required", restarted browser, went to youtube, videos autoplay