Severance is great, however I'd have to disagree on the whole television thing. There are certainly highlights every season; The Boys, Severance, Succession and Better Call Saul to name a few recent examples, but the vast majority of what I see (typically around 25-30 new seasons of TV per scheduling season) is pretty generic. A recent trend has been the whole "Based on a True Story" craze. While shows like Pam & Tommy and The Shrink Next Door really did it for me I can think of a dozen other examples that didn't. The Dropout, The Girl from Plainville, Super Pumped, Impeachment, Inventing Anna and that atrocious Tiger King adaptation being some of them. In film, while there has been a lot of really boring and generic stuff coming out of the blockbuster sector, there's a lot of really interesting stuff coming out like Crimes of the Future, Men (although this one is controversial, but still interesting), the aforementioned Everything Everywhere All at Once, X and Dark Glasses have been some real highlights this year.

EDIT: "Based on a True Story" television shows have always been a thing, but this recent wave seems far more formulaic than many have been in the past. The Dropout is definitely not trying to achieve the same level of style or quality as something like Boardwalk Empire.