Just a healthy FYI out there to AGP users. Please be careful when upgrading using the in-app upgrade system to 2.7. Be sure to do it at the end of the work day. In my instance it broke my geoprocessing and python tools creating the "failed to create geoprocessing cache" and "failing to load system tools" error message. Trying to remediate may take hours you cannot afford that day.
ESRI does have a help document out there for these error messages.
https://support.esri.com/en/technical-article/000022262
Unfortunately in my case it will require me to uninstall and reinstall ArcPro. There are other solutions on the geonet to fixing this such as renaming Local/Roaming folders. But i would not recommend that unless your good at keeping your C: drive tidy.