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I firmly disagree. Once this bubble bursts, AI "features" will swiftly be removed from any software suite with a plan of remaining relevant. Everyone in the know has been painfully aware from the start that AI is a worthless technology. It's only a matter of either the common man catching on or the industry pushing it so hard that it breaks the existing infrastructure. We're moving firmly towards the second scenario.
Not sure about the removal thing but first every commercial software is going to get enshittified with forced AI additions that are only semi-useful and introduce lots of errors and tons of privacy issues (on top of already existing privacy issues of course). It will still wow some people who assume intelligence and assume accuracy. As long as it still wows some people, the bubble is still growing. Unfortunately this tech industry has become so similar to the fashion industry, it's so sad. If you don't have AI these days you're SO out of fashion. But what does it get you? Inaccurate / low quality output which a subject matter expert needs to review anyway, so it can't replace the experts. At best, it speeds up prototyping and generating examples for those experts. Oh, and in doing all that it accelerates the problem of resource wastefulness and climate disaster. And if the AI isn't self-hosted and under your own control, then it also massively breaches all of your data protection efforts because employees will use it for probably everything, including sharing all sorts of documents and data with it. And every AI-enabled commercial software will also spy on the content of everything you're doing, because its (probably) cloud-based AI needs to receive all the data to be "helpful".
You are completely correct. And these are all reasons why the more heavily a company relies on AI for critical applications, the more likely it will be to go bankrupt. This is inherently a self-fixing problem.