There are three assumptions for the question. 1) The flow of time is permanent. 2) The universe is repeatedly destroyed and recreated. 3) The initial physical structure of a brain at birth determines the phenomena of "I" or "self" or self-awareness.
If the flow of time is unending and the physical universe repeatedly exists that means the probability of "I" existing is also possible an endless number of times based on the fact that I already exist. The probability is greater than 0 that I am here. Consider an unending number of universes, should this imply that I am stuck in a loop of endless life.
Would this mean that when we die, after a large number of reoccurring universes we re-attain consciousness in a universe that was able to generate the same exact physical structure of my brain, therefore "I"?