Basically everything is cloud based these days. Companies might as well just issue chromebooks to all their users. You can open a terminal and run whatever you want, too. I'm sure Google is stealing data, but they are already hooked into GCP and AWS, so...
Part of my job is troubleshooting chromebooks. Last year there were two major issues with chromebooks that I discovered. One was - schools didn't properly power down chromebooks at the end of the year so they would all be dead at the beginning of the next year. Google in their infinite wisdom created an auto battery saver mode. Basically if you don't turn it on for 10 days it goes into battery saver mode. Problem was it did it in 20 minutes sometimes while they were still in use. On 150k chromebooks LOL