According to MSN News…

Google will invest $1 billion over the next five years in nonprofit organizations helping people adjust to the changing nature of work, the largest philanthropic pledge to date from the Internet giant.

Here’s a high level look at their plan…

Google will make grants in its three core areas: education, economic opportunity and inclusion. Already in the last few months, it has handed out $100 million of the $1 billion to nonprofits, according to Pichai.

The largest single grant — $10 million, the largest Google’s ever made — is going to Goodwill, which is creating the Goodwill Digital Career Accelerator. Over the next three years Goodwill, a major player in workforce development, aims to provide 1 million people with access to digital skills and career opportunities. Pichai says 1,000 Google employees will be available for career coaching.

In all, Google employees will donate 1 million volunteer hours to assist organizations like Goodwill trying to close the gap between the education and skills of the American workforce and the new demands of the 21st century workplace, Pichai said.

Work is changing. It doesn’t seem like schools are catching up. Although I do hear about other programs (Coder DoJos for kids, Robotics, Hackfests…) that are leading the way. Hopefully Google can help cushion the disruption for students, workers and businesses!