I don’t think it’s going to burst like how other people expect. The technology is already out there, when it loses steam people aren’t suddenly going to stop using it. I predit it’ll be more like the dot come crash where companies that can survive the downturn come out dominant.
It ends like this: all codebases become unmaintainable spaghetti after agentic AI spends years on it. Then after every agent in existence will spend minimum 24 hours reading the codebase to add a simple feature, the software is abandoned.