u/Own-Pickle-8464 wrote (the comment Michael replied to):
For sure, but are there enough grads from those schools to meet the demand? I can’t speak on the numbers, but I feel there are a lot of local companies or smaller businesses that can’t “afford” those grads. Is there opportunity in that angle?
u/michaelnovati replied ·
I think the post COVID boom was a good rush. Zero interest and everything moving online. Mavis Tires had to get digital fast!
But these businesses realized that paying people like $150K people who came from a bootcamp and didn't have much work experience, let a trail of destruction behind them and didn't produce real dollar value.
I don't think they will return to that state in the future.
Instead, the Googles and Facebooks are taking over and the big are getting bigger, and building AI assisted tools for local companies to use to get way more done than hiring someone from a bootcamp for $150K.
It's not that simple and even if all of this was how things remain, DEI would be a reason for these big companies to run apprenticeships and non-traditional internships But even those avenues are being attacked.
Happy to revisit in three years when AI settles. It's going to create a ton of new jobs, but they will be different jobs. I don't think bootcamps in their current forms will be there though. Maybe those "pausing indefinitely" are smart to buy time. And those dillisional will crash before then.