Basically the idea is that everyone realizes that if we do this that we could vastly accelerate the speed at which we develop, and thus solve many of our problems such as over-population, food, etc. by spreading among the stars
Yet you present no arguments why you believe such as acceleration will happen. Especially when it comes to the productions of commodieties such as food money driven markets are very efficient. The market consistently manages to kill companies that don't effectively produce goods.
How much money would it take to engineer biological immortality for at least half of the world's population, within 20 years, with 99% confidence?