You want the good news or the bad news?
The Bad News: General consensus will be a thing of the past. There will be no more great heroes of American history. This is not because there will be no more great American history (there will.) Rather, it is because it is impossible for everyone in America these days to agree on anything, including what constitutes a "great American hero." There will be no more FDRs or Lincolns or Kennedys. America will be split down the middle on just about everything, including whether a President is a hero or a villian. More bad news is that our market system provides the public with very cheap luxuries. Often, these luxuries are not exactly healthy, and do not really cultivate a productive attitude. People of this generation will be lazier and probably fatter. This is due--in large part--to the Internet.
The Good News: This generation, although lazier and not as slim, still possesses just as much--if not more--potential for creativity and productivity as any generation before it. Additionally, the great American melting pot continues to boil, and more and more cultures are adding themselves as ingredients in our all-inclusive recipe. Say what you will about the state of bigotry in America, but tolerance is at the highest level it has ever been in our nation's history, and bigotry only continues to wane away like a distant, embarrassing memory. Another plus is that opportunity is more abundant than ever. There is much talk about the growing disparity between the rich and the poor, and exactly what to do (if anything) about that disparity is a discussion for another time. However, I will say that people only seem to see the inequality of outcome, and ignore the increasing equality of opportunity. Three popular names in the American lexicon: Justin Bieber, Perez Hilton, and Jimmy Wales. All channeled their talents through the Internet and achieved incredible success. The "gatekeepers," (record companies, television networks) are rapidly losing power, and the rat race is becoming much more fair. People can trade their talents to the world directly, without having to jump through hoops, and without having to "know the right people." This is due--in large part--to the Internet.