Maybe, but if corporate policy requires all storage to be encrypted and the tool to enforce that policy can't verify that whatever Google's software is doing is compliant, maybe not.

Different policies might be appropriate for software that is used by non-experts in a personal capacity and software that is part of professionally managed IT systems used for business purposes with regulatory compliance obligations. A lot of the modern trends from the likes of Google, Apple and Microsoft might make sense for the former group but they are a significant concern for the latter and for prosumer or small business users who might want to operate more like the latter but are stuck with software aimed at the former.