I've been asked this many times and it's not simple.
We would love it if it became endemic, didn't mutate further, and moved to being a “meek and mild” virus. It hasn't quite gotten to meek and mild. We still have people dying from omicron. We still have people being hospitalized with omicron.
If I'm being optimistic, I could hope that, within a year, it will be endemic. It will be a mild to moderate virus that's maybe a bit worse than influenza, with more hospitalizations and deaths than we see with influenza, but not in a huge way. That means not having a big, new variant come along. No one out there can predict that. If a delta variant and an omicron variant come together, it would be wicked. Delta has killed so many more people than omicron has, and omicron is so much more infectious. If you got those two mutations to come together, we'd be in big trouble all over again. I'm sorry to be a pessimist. I want to be an optimist.