It depends on how you use passwords and TOTP. I think the expectation is that busy people have a generator on their phone so it is know your password and have y

It depends on how you use passwords and TOTP. I think the expectation is that busy people have a generator on their phone so it is know your password and have your phone. Of course if you are like me and keep your TOTP secret in your password manager than it is basically the same factor as a password.