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GenAI is here to stay in one form or another, with long term impacts.
I wager the bubble will pop when OpenAI finally admits they have no path to making good on their purchasing commitments. They aren't the whole bubble and Altman has made what should be obviously the worst financial moves, however the broader market will be more bearish on anything they vaguely think to be OpenAI like.
I suspect it'll be with a year from now, based on what I've read.
The companies will never stop doing the GenAI things, but they may be less utterly obnoxious about it. I suspect Google and Anthropic have the highest chances of enduring a pop, anthropic for being well regarded in the field and Google because they get to make most phones go to them automatically whether requested or not.
I think GenAI will persist in obnoxious ways, but at least more bearable without folks desperately needing it to be adopted for the sake of their wealth.