$700 billion K-12 ed market is "ripe for disruption" says Klein

Klein

PW reports:

Asserting that the K-12 education market is “ripe for disruption," Joel Klein, former New York City schools chancellor, now executive v-p at News Corp. and director of Amplify, its education unit, offered a presentation of Amplify’s business model and plans to release hardware and software solutions optimized for a new generation of digitally savvy students and teachers. Klein outlined plans to release an open source tablet device, and specialized teaching software tied to it and to Common Core standards and data analytics, all in an effort to transform the basic model of American education. 

Klein says, "the educational market was worth about $700 billion total, and outlined a $17 billion K-12 market targeted by Amplify."