Well, yes, and no because modernity can’t survive in the environment it’s creating. Peeling off the living skin of the planet, exposes capitalism to a raw inorganic and sterile environment, it can’t exploit anymore.
To be frank if you go into deep time, the planet has suffered multiple mass extinction events. Some of the most devastating have been the product of life itself..
If you look up the great oxidation event, you’ll find that bacteria poisoned their world with oxygen