I would say the greatest near-term risk to Earth's ecology is humans so probably the best preparation would be not to destroy it in the first place.
There have been mass extinctions before, but it's a thing that happens once in awhile in geological time, so not really something to keep us up at night. Really human caused disasters - climate/pollution, nuclear weapons, rogue AI, are the things that are likely to get us.
If there are 5 companies, and 1 starts to do something wildly cheaper and better than the other 4, then we reallocate to that one and let the others die off (bankruptcy, acquisition, merging).
We like growth as a species because we always want more needs met at a lower cost. Then we can redirect the resources of less efficient firms to more productive ones. Onwards and forever.