Are runtimes getting too long?

Since the fourth season of Stranger Things aired featuring episodes around an hour and a half in length to over two hours, I've been seeing increasing discussion regarding runtimes (for both movies and series episodes).

There have been a few different articles about it:

The argument in favor of longer times is typically that it allows for better storytelling, but there's also something to be said for the art of being able to tell a story within constraints. In the past this concept typically revolved around budget or technology, so it feels quite current to have time allotment also up for debate. Is more always more with all stories and characters?

Personally I don't always think so. I'm usually one to want more details, want an epilogue, etc. but I think the trend is moving towards too much bloat. Instead of being left wanting more, I'm feeling like I watch thinking about what could have been cut, a la Stranger Things. The key is the extra time having enough (relevant) substance. Not that I don't enjoy watching a series and getting invested, but I'm also getting to the point where it's almost refreshing to just watch a movie and have it be over. In a way I'm more forgiving of a movie running too long, because at least that's all I have invested, given I'm watching it at home rather than in an uncomfortable theater.

Thoughts on this topic?