I don't think the bubble will pop as long as "Ai" keeps advancing at the pace it is. LLMs, text to photo, and text to video models are getting ~~exponentially~~ better year over year. I really don't think the hype train is going to slow down until the rate of progress slows as well, so far there aren't an indications the rate of progress is going to slow.
Wild guess here that I'm sure you and others will disagree with, even when the bubble "pops" it won't really be a pop but more of a downturn that doesn't actually hurt any of the big players significantly.
Only time will tell, it will certain be interesting to watch as an outsider no-matter what.
Edit: As many have pointed out, using the word exponential was incorrect. Although I still stand by that I don't think the bubble's going to pop anytime soon, and these models are getting significantly better year over year. I would argue that text-to-video models have actually had exponential improvements, at least in the past year or two, but the other category's, you're alright, not so much.
Yes, here's the link to the uncensored clip, NSFW obviously, but you'll need to put in an email to turn off NSFW filtering. https://civitai.com/images/60144368
The censored images in the thumbnail were all pulled from uploaded videos from this Lora on Civati called "Better Titfuck (WAN and HunYuan)"