Some of it is genuinely a failure. Funding an entertainment project is always a pig in a poke. Even promising things sometimes just flop. But streaming makes it possible to lower the opportunity costs of those flops, so they can take bigger chances.
In the sense that an F-22 is used for CAS / bombing in The Tomorrow War (which I'd assume was one of Amazon's better funded efforts).
A lot of them just feel like "Oh, you just gave some money to people, removed the usual checks and balances that exist in filming, and told them to deliver a movie ASAP."
It'd be one thing if they were making niche or more interesting content, but it feels like they're mostly just making more action movies and baking shows... faster and at lower quality.
Describes Red Notice by Netflix
How does one even write lines like:
"We need to work together!" "I won't give up on you!"
It's like an AI bot wrote the dialog.
The thing is so ripe it would have been easy to take the next step and make it a sly comedy.