I don't think they'll chop it because it's critical to the GSuite business side of things.
But it's probably not receiving love as whilst Ai has seen things like Photos revamped and the emergence of Google Assistance, the applicability of this to the business stuff is more difficult for compliance reasons and politics, etc. It's easier to focus on consumer when innovating.
The weirdest bit of all of the Google offerings, is the ever-diverging difference between the capabilities of the consumer Gmail accounts and the GSuite accounts. Google's tagline of "One Account, All of Google" is long dead in reality, and with it there seems to be a very different focus, innovation happens to the consumer and not to the business side, and never the twain shall meet.
Consumer accounts cannot use Google Calendar's "Find a time", and business accounts cannot fully use a list of products so long that it's boring listing them.
Google Calendar is central to how I run my life... I even logged phonecalls with links to the audio files uploaded to Google Drive, as well as scans of post received (and categorised in Google Drive but linked from Google Calendar).
But the usefulness is being reduced, silo'd, splintered from the general usefulness of Android and the Google related family of products due to the split of Google into consumer-focused vs business-focused with less overlap.
I've not bought a Pixel phone for this reason either. What's the point when so much of it's selling point is software and that software doesn't work with GSuite accounts.