u/nyquant wrote (the comment Michael replied to):
I suppose its the overall economic environment and industry trends of continued news about layoffs, outsourcing and even the impact of AI that affects bootcamp graduates the most, as they compete for a smaller amount of openings against job seekers with industry experience and CS
u/michaelnovati replied · ★ FEATURED
I can give my thoughts
1. Layoffs aren't a huge factor, but the entry level market is returning to the pre-COVID environment that focuses on top tier computer science grads, internships -> full time, etc... So if you want to be a SWE at a top tech company, get a CS degree at a top school.
2. I think there is going to be a ton of jobs created that use AI that are NOT SWE roles but are just non-engineer roles + AI. E.g. Lawyer + AI and Accountant + AI and Nurse + AI, and Doctor + AI, and all the creative fields (writing, music, etc....) we will need a lot programs for NON ENGINEERS to level up using AI and technology. I think this is where Codesmith is going to eventually, they just aren't cutting off the SWE part out of pride and because as I said in my post - it makes $5M despite terrible outcomes and that $5M can be used to build AI before admitting to those people they don't have much a shot anymore.