Remember, having the dot com bubble burst did not prevent the internet from being integrated more and more in society over the next couple decades. What it did was stop the headless investment where money was thrown at anything that tangentially could be called "online". We went from "nobody knows what this is, but everyone wants a piece of it" to "we know what it is, and we sure did pursue a lot of bad ideas when we didn't". Expect something similar to happen with AI - having the bubble burst will not stop it in its tracks, but it will change what gets invested in.