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I guarantee you that it will not descend into eternal servitude. People die, environments collapse, wars happen, empires fall. Although this may sound negative, go read the history books and see how much horrible shit has happened in the course of human existence. All of that should show you that progress doesn't ... progress ... linearly. Things change, things get worse, things get better, dictators die, that's all part of human life.
Of course there could be remarkably bad times, particularly if we face nuclear war or extended effects related to extreme climate change. Those are not cyclical in any way shape or form. But many other horrible things that you're seeing right now in the united States, for example, similar bad shit has happened before. That doesn't mean the country is going to recover in 5 years or even in 50 years, or that it won't, but it's not the first time this kind of happening has occurred in history, and it certainly won't be the last.
History repeats itself but accelerated and amplified?
It's been understated if anything for the past few decades.