The entire biosphere is in a worrying state. I hope for the best but am preparing for the worst.
We can transition back to a simpler way of life, people are already doing that. I've spent a good amount of my youth around 'hippies' and they have been about this since the 60s. Many people in third world countries already live simple lives, I admire Bill Gates for the work he is doing to bring a higher quality of life to them.