I don't think an implosion is imminent. They've still got Paul, Griffin, Jordan, Crawford, Redick and the rest of their core under contract. Barring a major season-altering injury, that team wins at least 45+ games, even under the worst of circumstances. I mean, they won 56 games under the largely inept Vinny Del Negro. They won 57 this year with CP3 missing 20 games.
So, it's unlikely (although not impossible) that this pick is going to turn into some amazing asset.