I take the utilitarian longtermist position to be that we ought to prioritize maximizing the probability that intelligent life is able to take advantage of the cosmic endowment.
I phrase it that way in order to be species agnostic. Given our position of ignorance about intelligent life in the universe, and our significant existential risks we face over the next couple centuries, it seems to me that we can right now increase the chance of intelligent life taking advantage of the cosmic endowment by increasing the chance that life exists beyond earth.
We can do this through directed panspermia, and calculate that with enough seeds emitted, evolution will be able to eventually produce more intelligent life with some probability that counteracts the probability that we destroy ourselves.
I think the decision is a difficult one, much more difficult than it’s been given credit, with the default being to protect the sterility or potential biome of planets during our exploration efforts. However, if our long term plan is to become interplanetary, then we already plan on directed panspermia. Why not buy down the objective risk that there is a universe void of intelligent life through panspermia now? Call it a biotic hedge.
I'd definitely much prefer that approach to just aiming for actually implementing directed panspermia ASAP. Though I'm still very unsure whether directed panspermia would even be good in expectation, and doubt it should be near the top of a longtermist's list of priorities, for reasons given in my main answer.
I just wanted to highlight that passage because I think that this relates to a general category of (or approach to) x-risk intervention which I think we might call "Developing, but not deploying, drastic backup plans", or just "Drastic Plan Bs". (Or, to be nerdier, "Preparing saving throws".)
I noticed that as a general category of intervention when reading endnote 92 in Chapter 4 of the Precipice:
I'd be interested in someone naming this general approach, exploring the general pros and cons of this approach, and exploring examples of this approach.