A properly architected and implemented microservice architecture optimizes work throughput while minimizing risk. In practice its architecting in such a way that no part can take down the whole individually - the very opposite of a monolith where everything is inseparably interdependent at some level.
Problem is, most organizations don't know how to properly architect for and integrate microservice architectures into their environments and work process. Most think that a crew of former sysadmins can just spin up a few saas services, slap some autoscaling on it if they're feeling spicy, segment along traditional monolith "frontend/backend" lines for "security," and call it a day. They then spend time and money learning and/or fighting this system, only to see minimal (if any) improvement in work capacity/quality and instead end up with an outsized cloud bill.
100% agreed. But sales people gotta sell so you end up with "solutions" that create the problem they're claiming to solve in the first place