u/dialsoapbox wrote (the comment Michael replied to):
From meetups I've gone to, completely true. Worse for those that completed bootcamp around the time ai starting becoming more popular.
u/michaelnovati replied ·
I mean I have to be careful with my words because of legal advice, but I can refer to past comments I've made on this topic publicly repeatedly.
With CIRR for example all those people who went in 2022 had their outcomes released in mid 2023 to early 2024. And you can see that bootcamp interest was already dying significantly, but the bootcamps marketed those outcomes and new people joined in 2023 because of these "audited CIRR results".
The bootcamps very well knew the reality behind the scenes and I feel really bad for people who joined during that time and graduated into a void of nothingness. I understand how bootcamps could be optimistic about a recovery and hoping for the best and can't assume the intention for not marketing the way they did.
But hope doesn't change the market and many bootcamps shut down, paused, or shrunk in 2024 as a result.