"I think for the vast majority of Americans, it will actually feel more normal, maybe happier," Cowen said. But lawyers and bankers are in for a shock.

David Solomon acknowledged advancements in artificial intelligence have eliminated jobs in some industries but “may lead to job growth in others.”

"I think for the vast majority of Americans, it will actually feel more normal, maybe happier," Cowen said. But lawyers and bankers are in for a shock.