A Microsoft file hosting and synchronization service.
I share your concern. I use OneDrive as a place to manual backups and some bulky stuff I'd just prefer to keep securely in the cloud.
I think that Microsoft want, expect, and therefore really try to FORCE, all users to use OneDrive as their working data source for everything. Whilst this may be a great way to work if you have a 10Gbps internet pipe, most mortals like us have to make do with download speeds of around 8Mbps to 80Mbps with upload speeds only about a sixth of that.
When OneDrive do a major update, I suspect that staff are think it's safe to assume that the OneDrive data is the the most up-to-date and that users don't really use their hard drives for anything.
They make the same kind of assumptions such as C:<user>documents will always be the location of the Documents folder, even when you have an SSD with only enough room for Windows. (In my case, my C drive suddenly began to run out of space when I decided set some OneDrive folders to "local". At that point, I hadn't realised that OneDrive had taken it upon themselves to delete my D-drive data and change the system users folders to the C drive.
I wish Microsoft would come clean and admit they've made a mistake that has affected lots of their customers. I've fixed my setup now, but, unless OneDrive staff recognise their error, will it happen again?