Hard disagree. You missed one very important part in your writeup - at no point did they communicate that they were imposing this limit, and that this limit appearead, undocumented, overnight.
I was someone who was directly impacted by this change. We're a 40 person company who used (past tense) GDrive as a shared network drive, including for storing builds of our app. We pay $18/person, and as part of that, google workspace advertises 5TB per user pooled[0], and nowhere in the google docs does it mention that this limit will exist [1]. If I was aware of a limit, we would have cleaned up our old files, but instead we started getting spurious 403's - as far as we could tell we were well within our usage limits. It was only when https://issuetracker.google.com/issues/268606830?pli=1 this post hit HN, I realised what was wrong.
[0] https://workspace.google.com/intl/en_us/pricing.html
[1] https://support.google.com/a/users/search?q=Drive%20limits