Some of those leaders include companies that have already promised support[1] for the President's educational initiatives. Apple, Cartoon Network, Code.org[2], Facebook, Microsoft, Salesforce and Qualcomm are all widening their education efforts, investing in programs or both to help improve computer science in the country.
Throwing cash at a problem won't make it go away, of course, and there aren't any guarantees that the money will make a difference. However, the effort at least tackles one of the core issues head-on: getting computer science into schools in the first place. Roughly three quarters of schools go without any CS programs, and 22 states don't accept these classes as credit toward a high school diploma. If the extra funding works as planned, it'll get CS courses into more schools and help create a generation of kids that know how to code before they reach college.
References
- ^ already promised support (www.engadget.com)
- ^ Code.org (www.engadget.com)