A huge chunk of things are already encrypted in that sense - the data for all big tech companies for example is encrypted in transit, decrypted, analyzed etc. on their servers, and then encrypted again when saved to disk and not immediately used for anything. You'd have to compromise both their at rest data storage and the storage for their local decryption keys to steal useful data. That does mean that data on a provider that is thoroughly compromised is vulnerable, and that you obviously have to trust the provider itself, and judging from the recent NYT article (and Google's reputation wrt closed accounts in general) at least Google is not at all worth that trust.
End to end encryption / Trust No One encryption setups are much simpler in that regard - only you have the keys, so you don't have to worry nearly so much about the provider being compromised or just not giving a fuck about paying customers. Plus you just don't have to worry about monitor people creeping on your photos and such.