Another reason is that the lower-mass stars best suited to hosting life can glow for trillions of years, giving ample time for life to evolve in the future, researchers said.
Researchers including astrophysicists from the University of Oxford in the UK raise the possibility that Earthlings might be the first to arrive at the cosmic party.
That is partly because the necessary elements for life, such as carbon and oxygen, took tens of millions of years to develop following the Big Bang, and partly because the lower-mass stars best suited to hosting life can glow for trillions of years, giving ample time for life to evolve in the future.
"The main result of our research is that life seems to be more likely in the future than it is now," said Dr Rafael Alves Batista of Oxford's Department of Physics.
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"Given this knowledge, the question is therefore why we find ourselves living now rather than in the future. Our results depend on the lifetime of stars, which in turn depend on their mass - the larger the star, the shorter its lifespan," said Batista.
In order to arrive at the probability of finding a habitable planet, the team came up with a master equation involving the number of habitable planets around stars, the number of stars in the universe at a given time, including their lifespan and birth rate, and the typical mass of newly born stars.
"So unless there are hazards associated with low-mass red dwarf stars that prevent life springing up around them - such as high levels of radiation - then a typical civilisation would likely find itself living at some point in the future. We may be too early," said Batista.