Provide a second theme the community would love. It has to take traction on its own to make it a successful effort.
One example of a design system that supports multiple themes:

https://seek-oss.github.io/braid-design-system/components/Button
Material Design doesn't have a monopoly on the design systems used by developers and designers. During our last survey, we had 28 feedback to improve custom themes and provide a new theme.
The issues with Material Design:
We bring onboard a full-time designer/developer (somebody with both skills, but has to be a really great designer, no need to have strong development skills) to spin-off a new repository under a different name in the mui-org organization. Build the theme using a limited set of constraints:
A few elements that we could consider setting as constraints but I'm not fully convinced:
Another advantage of this direction, Material-UI is often associated with Material Design, but that's not the end goal, we provide material to build UIs 🏗️, they have to look and feel awesome. Material Design is one mean to this end.
Most helpful comment
Another advantage of this direction, Material-UI is often associated with Material Design, but that's not the end goal, we provide material to build UIs 🏗️, they have to look and feel awesome. Material Design is one mean to this end.