datahoarder
Who are we?
We are digital librarians. Among us are represented the various reasons to keep data -- legal requirements, competitive requirements, uncertainty of permanence of cloud services, distaste for transmitting your data externally (e.g. government or corporate espionage), cultural and familial archivists, internet collapse preppers, and people who do it themselves so they're sure it's done right. Everyone has their reasons for curating the data they have decided to keep (either forever or For A Damn Long Time). Along the way we have sought out like-minded individuals to exchange strategies, war stories, and cautionary tales of failures.
We are one. We are legion. And we're trying really hard not to forget.
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On its own, no, but it can be used, like any cloud storage solution, as part of a robust backup strategy. Particularly, if the desktop sync feature is enabled, every client machine that has the sync application installed will download and synchronise the contents of the Google Drive locally. If the Google Drive servers go kaput this still means you've essentially got several off-site backup copies of the data on Google Drive.