Note that eventually, graphene based energy storage may take over anyway. Or possibly someone will invent proper hydrogen storage.
Finally, you could easily have found multiple studies by respected universities about the estimated amount of lithium on Earth, about the feasability of large scale recycling of Li-ion batteries and about transitioning into a lithium-based economy. If you are willing to take advice, reading up first before become alarmed and posting concerned comments will help a lot for your peace of mind.
If you use an estimate of demand to justify increasing demand, you immediately, tautologically invalidate the estimate: the estimate did not account for your policy decisions based on itself.
Your point about the self fulfilling aspect of basing policy on research is well taken, though in this case the researchers used multiple scenarios for policy development, including one where lithium demand is heavily stimulated by eg subsidies on EVs and the like. That is the upper part of the range of 12-20 million tons of demand, which is still well below the lower bound of estimated reserves.
What a forecast does is provide a helpful generalization for questions like, 'can we really use Lithium batteries at that scale'. 80 years of expected availability doesn't mean we can will run out in 80 years, it does mean that in our short to medium term planning the risk of running out of lithium is low. So in the context of the question, 'should we be using lithium, as it is scarce?', the forecast is perfectly reasonably applied.
Reminds me of "peak oil" when everybody was predicting us running out of oil. Today somehow that doesn't seem to concern us anymore. Some are even more concerned about over-abundance of oil (Saudi Arabia for one).
https://www.ft.com/content/cde8f984-43c7-11e6-b22f-79eb4891c...
(You may need to Google for the title to bypass paywall: "Lithium: Chile’s buried treasure")
Sodium ion aren't really commercialized yet but the cost implications provide a whole lot of motivation to figure it out.