Millions worldwide are being forced to face difficult decisions about their future. The "new normal" permeates regular conversations, and reinvention has become synonymous with daily life. The spirit of the American dream has seemingly been crushed with historic unemployment rates and decimated industries. And yet, despite economic ruin, digital innovators have arisen, leveraging this chaotic time of reinvention in order to develop novel solutions and technologies to fight back, repair and uplift the American spirit –– to keep the dreams that built this nation alive. Whether or not the American Dream exists today is a contentious topic.

The report anticipates economic effects across several fronts. AI, like any new technology, is key to growth because it increases output without requiring increases in labor or capital. "In the last decade, despite technology's positive push, measured productivity growth has slowed in 30 of the 31 advanced economies, slowing in the United States from an average annual growth rate of 2.5% in the decade after 1995 to only 1.0% growth in the decade after 2005," the report states. Any increase in aggregate productivity from adopting artificial intelligence would be a welcomed change. But the resultant job automation is causing alarm.