That kind of happened in the 1960s and 1970s and was called "the green revolution".
The green revolution was a great handout to chemical companies but it is not clear that it actually reduced deaths by starvation, it only postponed them slightly. Meanwhile it is selling out our future by destroying topsoil upon which we depend for growing crops. It leads to a future in which all food is grown hydroponically in an inert dirt medium, which is basically the present for many crops — indeed, it is the current state of affairs for any field not fertilized with shit.
Using synthetic fertilizers and pesticides outright destroys beneficial organisms like nematodes in the soil which plants depend upon for health in various ways, and thus destroys topsoil. That is the legacy of your so-called "Green Revolution". Even if Borlaug's goal was laudable, the reality of the situation is the exact opposite. It is actually harming our long-term ability to produce food.