Yup...
In my experience, the average person, and even some techies don't know what an ATV4K is. When I talk about the Apple TV outside of Mac Rumors, people often think I am talking about either an actual television or Apple TV+.
Oh yeah, one of my favorite responses is when people say "I don't need a separate box, I have the Apple TV built-in to my Smart TV.". I have seen similar responses on the MR forum.
A lot of people forget that the Apple TV used to be the #1 streaming box in the early 2010's, but hardly a piece of the pie on modern charts.
The biggest thing holding the ATV from success again has been Apple. They hardly ever talk about it or advertise it. Apple needs to talk about it, tell people why the ATV is so great, and explain why people should be forking over money to use it over built-in Smart TV apps or a FireStick. But, they don't. I assume it is because the ATV4K doesn't have the margins that their other products have.
Serious question to the thread, how many Apple TV 4K commercials have you seen in the last month? Last Year? Ever? Just a guess, but I feel like "zero" would probably be a common answer to all three questions.