What does Isaiah 45:18 mean?

This is what the Lord says—he who created the heavens, God himself, who shaped the earth and made it, who established it and didn’t create it to be empty, but formed it to be lived in: 'I am the Lord, and there’s no one else.' Isaiah 45:18 - Modern Text Bible

(God made the world to be inhabited, not empty, and He alone is God.)