I don't pretend to know the future (nor do I believe anyone else who claims to be able to), but I think the opposite has a good chance of happening too, and hype would die down over "AI" and the bubble bursts, and the current overvaluation (imo at least. I still think it is useful as a tool, but overhyped by many who don't understand it.) will be corrected by the market; and people will look back and see it as the moment that Apple dodged a bullet. (Or more realistically, won't think about it at all).
I know you can't directly compare different situations, but I wonder if comparisons can be made with dot-com bubble. There was such hype some 20-30 years ago, with claims of just being a year or two away from, "being able to watch TV over the internet" or "do your shopping on the web" or "have real-time video calls online", which did eventually come true, but only much, much, later, after a crash from inflated expectations and a slower steady growth.*
* Not that I think some claims about "AI" will ever come true though, especially the more outlandish ones such as full-length movies made by a prompt of the same quality made by a Hollywood director.
I don't know what a potential "breaking point" would be for "AI". Perhaps a major security breach, even _worse_ prices for computer hardware than it is now, politics, a major international incident, environmental impact being made more apparent, companies starting to more aggressively monetize their "AI", consumers realising the limits of "AI", I have no idea. And perhaps I'm just wrong, and this is the age we live in now for the foreseeable future. After all, more than one of the things I have listed have already happened, and nothing happened.