Lasers (vcsel chips, particularly fussy) can go “pouf!” in microseconds with hit with slight overcurrent.
In some cases, lasing current and overcurrent isn’t all that much (eg, 1.5:1 or 2:1). Even transients like a flashlight’s “pre-flash” can kill a laser.
I’ll let laser mavens go into more detail, as I generally don’t get into laser design.