Our eyes have a greater dynamic range than photographs, i.e., eyes can more comfortably deal with bright and dim objects together. The issue is mostly with our display devices; cameras can just about match the eye for capturing images. Printed photos, especially those printed with inks as opposed to developed in a dark room, have a limited range of contrast.
The situation is improving with HDR (high dynamic range) photography and movies. One of the most important upgrades to TV standards is the addition of HDR and the latest TV screen technology can display this much better; it’s a much more noticeable improvement than the increase in resolution to 4K.
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