If $G$ is a connected semisimple Lie group with finite center, Harish-Chandra defined a Schwartz space of rapidly decreasing functions on $G$ as the space of $\mathrm{C}^\infty$ functions defined by the seminorms
$$\|f\|_{D_1, D_2, r} = \sup_{g \in G} \frac{(1 + \sigma(g))^r |f(D_1 ; g ; D_2)|}{\Xi(g)}$$
where $D_1$ and $D_2$ are left and right-invariant differential operators on $G$ respectively, $r \in \mathbb{R}^+$, $D_1 ; g ; D_2$ is the two-sided action of $D_1$ and $D_2$ on $g$, and $\sigma$ and $\Xi$ are the standard functions defined by Harish-Chandra.
An arguably more intuitive definition of rapidly decreasing function that matches the use in other contexts would be the space of $f \in \mathrm{C}^\infty$ defined by the seminorms
$$\|f\|_P = \sup_{g \in G} |P f(g)|$$
for every polynomial $P$ in one-sided-invariant differential operators on $G$.
What is the relationship between these two definitions of rapidly decreasing function? Why is it necessary to use a more particular definition of Schwartz space for semisimple Lie groups? There doesn't appear to be anything stopping one from turning the latter definition into a usable convolution algebra.