The Dot Com bubble burst and it didn't materially affect anything. Some of the things that failed then even came back later. Buying stuff online ate retail, sadly enough. Some dumb business plans went away, but the core of the commercial web never did. There's an idea, mostly from the anti-AI folks, that AI will magically "go away" once the bubble finally bursts and I hate to burst any more bubbles here but AI isn't going back in the bottle. For better or worse.

Yeah exactly. It’s pretty certain that the AI bubble will burst. A few companies will have a hard time and disappear. For everyone else though, this will just be headlines in the news and AI will continue as it was.