There is no bubble bursting in the near future.

We are just entering a stage when AI is becoming a cyber security threat. It can become a weapon. What that means is:

1. There is a large military budget that is going to be invested in it
2. There is an order of magnitude larger cybersecurity budget to be spent by everyone not wanting to become a target of those mentioned in point 1

AI is a weapon and the only way of defending against it is AI. Do not expect budget cut.