If you're talking about the recommended channels and such that apparently 'everyone' is watching, probably. But everywhere else there's plenty to laugh to.

The problem the mainstream have is not just the restrictions in place which means you can't talk about certain groups or subjects but that they lack introspection. Comedy at its heart requires a bit of introspection, whether that is sympathising with an unfortunate person that slipped on ice or laughing at the bizarre situation like seeing a tractor doing wheelies.

The mainstream doesn't want that, they want good little drones that will close eyes, consume media, give appropriate response, consume more media. Just compare the promoted comedians on Netflix for WHO they are as an identify than the comedians that got there by their name recognition alone.

Then there's writing talent and yeah it's gone downhill in the west REALLY badly. It's easier to just show the difference, here's Forspoken's 'funniest moments' and here's Doom Eternal doing a better job with zero dialogue from the MC. The difference speaks for itself.