At 55 with a career in technology and manufacturing, I support your concerns. Your spidey senses, or 'situational awareness' within the business context are warning you about a long-term potential issue.
A sharp wit reveals an active and creative mind capable of engaging in the immediate context as well as operating separately at the 'observational' layer away from the engagement. Strong leaders use this ability for managing the topics, discussions and participants through the engagement in productive ways.
It's a bit like poker where understanding the other players takes time, but offers opportunity for control and manipulation over time.
Ultimately, this is why executives turn into psychopaths because they only focus on the art of manipulation and control with complete disregard for the humanity of others. If this sounds like fun, congrats, go into banking or finance.
For the rest of us, a little bit of wit goes a long way and should be used like habanero peppers in cooking; sparingly and with purpose.
There are some excellent suggestions in the other comments here about redirecting this energy into more creative or productive activity. I recommend first developing interpersonal and engagement skills that help you manage others by expanding your situational awareness tools. Buttress this with other drawing, writing or thinking activities as suggested.
Your concerns about long-term impact are well founded.
Act on them