Not sure what you mean by AI bubble bursting, but there is no way this genie goes back into the lamp. We now have Opus 4.6 level open models already and these are newer coming away, and soon we will have Fable level open models too. So even if all the frontier labs imploded financially today the LLMs are not going away.
Coding will never be the same as before, the sooner everyone accepts this the better.