New microphone functionality in the iOS app?

I have "Auto Send with Dictation" disabled in preferences but whenever I tap the microphone icon, new UI pops up (or at least, updated) where on the left there’s a stop button, on the right there’s audio mic wave and there’s a upward facing arrow to send transcribed text.

How do I go back? I usually choose model after dictating, with this new UI I often send important questions to a dumber preselected model.