> 1) life arose very quickly 2) then proceeded to do very little for billions of years.

This is understating the feats of unicelular life. Those tiny organisms essentially terraformed the whole planet in those billions of years, oxidizing nearly all the iron close to earth surface, burying most carbon and then pumping so much oxygen in the atmosphere that at a point it comprised 30% of Earth gaseous envelope by weight. I wouldn't call that very little. To come close we'll need at least to terraform Mars or Venus, to match the feats of our microbial forebears.