Where's the option for "It looks like it will be okay."?
Biggest issue it has is competition. As in the games it has are only what it can get it's hands on, so anything not available on PC, anything Nintendo or PS exclusive. I'm not even sure MS would like their biggest games on there while they would be fine for them to be on steam as it is in direct competition with Game Pass.
What was the streaming gaming service that launched a few years ago and failed? OnLive, that's it. Failed. Okay so it'd didn't have a brand like google behind it but still.