I really, really doubt it; Google has never killed a product that it created or acquired to serve as a complement to enterprise Ads/Analytics usage.
Google kills plenty of its consumer products if they don’t catch on in a big way (Reader, Google+); and it certainly “transitions” developer-targeted product/service startups into plain features (Firebase, WordLens, etc.) But this is neither—it’s BI software, for enterprise customers who build it deeply into their decision-making in the same way they build Google Analytics itself into their decision-making. These are not the people even Google wants to make mad. They’re precisely the people writing the checks which make up the majority of Google’s ad revenue!
> and it certainly “transitions” developer-targeted product/service startups into plain features (Firebase, WordLens, etc.
They recently killed "Works with Nest" in favour of an Assistant-backed API that doesn't currently implement what Google acknowledges to be the most popular features of "Works with Nest".
Google are more than willing to kill developer-oriented as consumer-oriented.
Thats definitely the wrong read. This is a direct competitor to Microsoft's PowerBI. Google will need Looker to get large enterprise data management deals on Google Cloud.