I don’t think Netflix actually cancels shows after two seasons any more often than other networks do.
Somehow people got it into their heads that Netflix is far more cancel-happy than its competitors, but if you look at the numbers, traditional TV networks have had like a 50% cancellation rate for decades.
Even TOS was cancelled after two seasons!
If Netflix is more prone to cancelling shows at all, which I’m not convinced is even true, it can’t be by an enormous margin.