Quote from Lucrum:
Through evolution, new species arise through the process of speciationâwhere new varieties of organisms arise and thrive when they are able to find and exploit an ecological nicheâand species become extinct when they are no longer able to survive in changing conditions or against superior competition. The relationship between animals and their ecological niches has been firmly established. A typical species becomes extinct within 10 million years of its first appearance, although some species, called living fossils, survive with virtually no morphological change for hundreds of millions of years. Most extinctions have occurred naturally, prior to Homo sapiens walking on Earth: it is estimated that 99.9% of all species that have ever existed are now extinct.