When people say the "bubble will pop" it's meant in analogy to the dotcom era - businesses and investers lost money, but the internet (and its opportunities) didn't vanish.

Even open-weight local models are becoming good enough for teaching yourself quite a range of stuff, especially the beginner aspects. LLMs are not going to simply disappear because of a financial reallignment. The worst thing might be not being able to access a super-duper frontier model for free?