Autocompletion is not working for TypeScript paths alias in import statements when omitting "baseUrl"

Does this issue occur when all extensions are disabled?: Yes/No

• VS Code Version: Version: 1.79.0-insider
• OS Version: Darwin arm64 22.4.0

Steps to Reproduce:

1. Create a tsconfig.json with paths alias without specifying a "baseUrl":

{
  "compilerOptions": {
    "paths": {
      "~/*": ["./src/*"],
    },
  },
}

2. Try to trigger the autocompletion:

If baseUrl is set like "baseUrl": ".", here is the result of the autocompletion:

As baseUrl is optional since TypeScript 4.1, shouldn't VS Code set it to the same folder path where the tsconfig.json is located if omitted?