Sure. Dwarf Wheat is a great example of humans creating a plant to survive in specific environmental conditions with massive benefits. Or we could look at introduced species, like the cane toad, which are too good at surviving their new environments.
We don’t (yet) have the biological capability to “design” an entire species from the ground up, but if we did, I’m certain our first attempt would be a collosal failure that could potentially wipe out humanity. But that’s just based on how good we are at ignoring warning signs.