Yep, this is the sort of thing happens when you've deeply internalized that trustworthiness and continuity is not important. Microsoft today is not a serious company, it is not run by serious people, and it is at the forefront of a deeply unserious industry.
Microsoft is serious because the world is full of people with needs who do not know better and Microsoft is still the default to serve those needs.
Something does not have to be useful, benign, consistent, worthwhile, or deserving to exist in order to be serious.
For example: Losing an arm and an eye to a fireworks accident, being grievously assaulted in an alley, or having Microsoft arbitrarily delete all your data, are all very serious things. So, I think it is fair to say Microsoft can still be called serious.
As long as the legal department is very serious, that might work rather well.
It's what happens when you don't have a backup strategy. Even paper works as a backup.