Were you in a dungeon?You obviously never watched TV before they needed to release content to keep people paying for their services. Not saying it's all shit now. Of course shows/films will come out that are fine, but have you seen some of those amazing netflix Kevin Hart films? They seem to release movies every month that are just awful shit that wouldn't even be considered above Z grade in years gone past. And don't get me started on some of the awful shit on Disney plus...
Shows like Twin Peaks, Sopranos, Seinfeld, The Simpsons, The X Files, Deadwood, The Wire, Madmen etc were all shows before streaming and didn't need to be mass produced to provide content like today to keep people subscribed. TV/movies have never been worse and if people can't see that, they're either blind or have low expectations. And gaming will follow that path.
Movies and shows at that time were shit. The difference is that now you can access all movies, compared to before. Which is why they feel like shit today.
Go watch any old movie and tell me that it's better than some of the movies today.
Acting and cinematic effect is much better these than before. Even low Budgeted movies have good cinematic scenes compared to before.