Apparently not like this:
A pilot explains:
I prefer the term “auto flight system” instead of “autopilot” because we’re actually talking about a collection of subsystems that help control various aspects of a flight: heading, altitude, course, speed, engine power, etc. Different components are used at different times, and can be used together or separately, depending. There is a thing called the autopilot, which frees you from having your hands physically on the controls. There’s also something called the autothrottle, which controls engine thrust. I say “controls,” but it’s doing so in response to what’s needed and input by the crew.
He’s not happy about what most people associate with term:
One of the most stubborn myths in all of aviation is this notion that pilots just sit there while the plane flies itself from City A to City B. It’s infuriating to know that people believe this, because it’s utterly false. Airplanes do not fly themselves. The crew flies the airplane through the automation. A plane cannot fly itself any more than an operating room, with all of its advanced technical equipment, is able to perform an organ transplant by itself. The equipment makes things easier, but the operation itself is controlled by humans.
The Dish 