I remember an article 15 years ago saying that Jakarta traffic would be completely gridlocked by 2014. (that was based on extrapolation). Whereas if I compare, now in 2023, there seems to be less traffic in Jakarta than there was 10 years ago. I wouldn't say there are more floods either.
Similar to the Malthusian Theory of Population that says that the world's population grows faster than the food supply, inevitably leading to starvation reducing the earth's population.
This theory failed to anticipate the development of new (agriculural) technologies.