Earlier quoted context omitted.
it sucks but.. yeah, that's how it works. And that is enabled by VC funded culture, where you have million of dollars invested in companies, which can then offer services at a loss investing in something else (market share, training data, etc.). Using smaller companies which charge honestly for the services they provide is probably more sustainable in the long term.
In this case though, a smaller company might not be around forever. When you’re looking at storing important photos, the service you think will last longest may be best. (I use Flickr, Gphotos and an S3 bucket but I’m paranoid)
Also, Flickr has done an arguably nastier bait and switch when they announced the end of their unlimited free storage. At least Google seems to be willing to keep the photos already uploaded around. For now.