Yep, and I'm building something to sit on top of google Drive, to manage files, and make it easier to collaborate as a team. That's not something new, similar, to what Confluence, Notion are offering, ...
The reality is that google sucks at B2B, everything they do don't work. There are a few exception like google Workspace because Gmail was number 1 in B2C and they were the first to get Words and Excel in the browser and Google Analytics.
The reality is that, innovation for a big company is hard, Microsoft was able to build Teams from scratch to compete with Slack and managed to it, and that's an amazing achievement, not something that we are used to seeing.