There was a decent chunk of time, maybe the last decade, where Netflix successfully followed the Gabe Newell ethos: "you have to compete with free". Unfortunately, all of the media giants have caught on now to the lucrativeness of streaming and are trying to take away all of the shows and movies that drew people to Netflix in the first place.
I mean, sure, but it is Netflix's fault that their strategy to fill that void is to produce garbage. Netflix saw this coming and started making original content. So they made a ton of stuff, but it's really, really tough to think of anything that was as influential as the stuff that was considered b-tier on HBO, for example.
It's hard to think of many things that Netflix has produced that are actually any good. Movies, in particular, they bring in these massive stars for the most schlocky bullshit imaginable. Even things like Witcher, which at least counts as a cult hilt, they managed to shit the bed on because the show being any good seems to have happened in spite of the writers and people in charge of it.
Tbh, when people talk about AI in creative activities, it's pretty easy to think about quite a lot of the shit Netflix churns out. Just about everything I watch that's Netflix Original really feels like it's written by an LLM.
Stranger Things was really popular. I enjoyed The Map of Small Perfect Things a lot. Otherwise, yes, their stuff is pretty bad. The Adam Sandler movies are terrible.