The Caption Workflow is broken beyond belief, to the point of not even being useful. It doesn't even matter if you use Premiere Pro's renderer or AME.
If you have the caption track enabled (by clicking the "eyeball" icon so that it's "open"), it always burns in the captions. It doesn't matter if you select "None" (toggle the slider in PPR), "Create Sidecar File", or "Burn Captions Into Video."
If you have the caption track disabled (by clicking the "eyeball" icon so that it's "closed"), the captions options are inaccessible. Captions don't get burned in, but you also have to manually export your SRT files if you want sidecars.
Absolute garbage. I should be able to have a "burn" preset and a "sidecar" preset, and send my file through there to get the two video versions and the support file. Instead, now, for every file, I have to render it, go change the visibility, render it again, then manually create the SRT. This is the workflow in a tool aimed at professionals?
Premiere Pro 25.1.0 (Build 73)