Good point and alot of people believe that but on a macro economic scale that point has been made repeatedly since the 1960's I think. Its quite a famous bet made between two scholars of the different dynamics to production vs demand in world economy with one thinking commodities would become impossibly priced from too great a population growth. The bet was won by the scholar who forecast capacity production would expand over time, seems similar to the famous peak oil argument and go back hundred years we had peak coal but nobody is too bothered by capacity development of that vital resource of the steam engine age. Coal is still useful, I use it often but the world development has been beyond imagination and we didnt rely on coal singularly as much ever again as we did back then.
Have more faith in human innovation and I say that as a skeptic who thinks it will all blow up because humans also make stupid obvious mistakes but we'll recover after too, I dont agree with the major problem of people who can be productive.
https://en.wikipedia.org/wiki/Simon%E2%80%93Ehrlich_wager
