Maybe we need to focus on a better definition of "bust" but we will surely see something along the lines of the hype-cycle graph in AI; what technology has not fallen into the trough before (best case) reaching a more steady-state of use and growth?
cars? airplanes?
It's also funny because a bust require a 2 quarters time. AI cycle can be faster than that? My workflow is certainly not recognizable compared to past for every 6 months for the past 24 months.
Maybe we are closed to singularity, or maybe we'll just plateau somehow. But either case there are so much work to support the breakneck change that are not done because the change take priority every single time, there should be a lot of things to work on.