But personally, as a technically able user, my risk of randomly losing access to my Google (or MS, Apple, Meta, etc) account is far greater than from all those threats combined.
If we had a trustworthy and accountable authority operating this stuff then it would be great. But we don't, we have a bunch of companies who are neither of those things.
It's like mandating that everyone must use self-driving cars that are on average safer than human motorists but occasionally randomly drive off a cliff.