Hyperscalers and hardware manufacturers will absorb the overgrowth and hopefully (for them, sucks for us) settle at the top of the software value chain. The only way to make all the money poured into compute for the last 4 years pay for itself at any level is selling people and corporations on very inefficient software for the next couple of decades.
Not too different from what "the cloud" did to this market from 2015 or so...