For that matter, space tech of this level of magnitude is extremely likely to have massive positive impacts on Earth-bound humanity too.
We're still not really in a good position to judge the likelihood of a species-wide existential crisis right now, but we do know that the cumulative odds of one occurring only go up over time....
At the very least, it is not a clear-cut case in favor of either position. In the real world, you, perhaps unfortunately, can't afford to try to serialize your problems and attack them one-by-one... you must attack them in parallel.