I mean, Netflix right now is the king of sort of low-high budget (if that makes sense). The money Disney, Apple, Amazon, and AT&T) are throwing around will make even their highest budgeted stuff look much lower. Netflix probably WILL have a tough time keeping up (which is going to be another problem for them in the near future), but they're still dabbling in this stuff be it stuff already released like Altered Carbon and Lost in Space, or upcoming like The Witcher and Cowboy Bebop.
Not every show is going to have a mega-budget. They don't all need it. But these big genre shows absolutely will. If some of them don't work out and get cancelled, they're not just going to all of a sudden stop making others. The bar has been set at a certain level, and it's going to continually be raised. Which drags up even the lowest budgeted shows out there. The industry isn't going to backslide on this. Just look even 10 years ago, before any of the streamers existed, and compare what shows looked like then compared to the 90s. Television is rapidly evolving.
