Rights aren't to give but to acknowledge. The same video goes into insect sentience in the later part. Mosquitoes do literally harm us, so it's fair to want to protect yourself from them. But "genocide"...? Wtf. The analog to "unlimited genocide on the first world" here would be: "unlimited genocide on humans," the oppressors.
Also genocide =/= extinction. There is nothing inherently bad about extinction or depopulation, you're right on that. But genocide, is not right. I'm imagining the worst since you had to dismiss them having rights.