Artificial intelligence (AI) is having a major positive impact in many sectors of the global economy and society. The document provides 70 examples of real-world applications of AI that are generating social and economic benefits, such as humanitarian organizations using chatbots to help Syrian refugees and doctors using AI to develop personalized cancer treatments. While AI's benefits are underappreciated, some argue it could cause harm; however, the document argues this view is wrong and could hinder societal progress being made through AI applications.