Higher fees are probably here to stay. They might fluctuate, but overall the baseline will be higher because
inscriptions and their underlying 'value' will 'pay' for the higher transaction fees.
A broader acceptance of inscriptions/'smart contracts' might eventually lead to inscriptions being worth more than the bitcoins themselves.
This will push the bitcoin blockchain further into the direction of 'store of value' instead of being a useful tool for carrying out
micro, small to medium financial transactions.
I guess we will see.
Evolution is in progress so stay tuned.