Unfortunately, evolution doesn’t do balance, but rather local gradient descent. Species reliant on one prey or one plant can and do over-consume their food into extinction and then go extinct themselves. Even the oxygen we breathe was a toxic waste product when the earth was young, and while evolution found a pathway to consuming it, there’s never any guarantee of that.
Evolution has had a long time to find solutions, so it shouldn’t be ignored, but it’s also not a particularly smart system and it definitely isn’t directed with long-term goals in mind — evolution can create birds, but not birds which grow their own hypersonic ramjets.