Yeah there’s an extinction event but it isn’t entirely the industrial revolution to blame since people have been driving animals into extinction for thousands of years starting, at least, with the megafauna extinctions.

It’s sad but organisms have been getting out competed, and reshaping the atmosphere and climate, for billions of years. We can pretend humans are some anomaly and that we aren’t part of nature but that isn’t the case. This extinction event will give rise to new organisms that will fill new niches just like every other one has.

https://www.southampton.ac.uk/~cpd/history.html