Chrome has fixed this issue, so you no longer need to use command parameters.
The current latest version (v139) of Chrome may fail to initialize when recovering the sensor firmware on a Mac. The alert reads as follows: Failed to initialize. Try resetting your device or holding the BOOT button while selecting your serial port until it starts preparing the installation.
A related cause is a change in the api code for the serial port (https://issues.chromium.org/issues/420689824#comment11)
It is currently possible to turn off this part of the code change to revert to the original functionality (v138 behavior), which allows the esp web tool to work properly, as well as our sensor recovery tool. Close all Chrome windows, then run this command in the terminal and reopen a new Chrome to restore the burn-in.
open -b com.google.Chrome --args --disable-features=SerialSplitDtrAndRts
We think Chrome may soon release a new version to fix this issue.