This document discusses a new vision for education that focuses on developing 21st century skills to address skills gaps. It analyzes research to define 16 critical skills grouped into foundational literacies, competencies, and character qualities. Large gaps exist in these skills within and between countries. Education technology shows potential to help close these gaps by complementing new pedagogical approaches and facilitating skills like collaboration. However, its full impact has yet to be realized. Technology works best when tailored to local contexts and integrated into a "closed loop" system aligning standards, instruction, assessment, and outcomes tracking.