It's indisputable that 1.) more people looking for programming work will lower salaries and 2.) we are seeing an increase in people seeking these jobs, and 3.)

It's indisputable that 1.) more people looking for programming work will lower salaries and 2.) we are seeing an increase in people seeking these jobs, and 3.) big tech companies are investing in code camps and young adult CS education. Regardless of whether people volunteering to share their passion (a motive I don't doubt for a minute), there's no way this shakes out as anything but a boon for, say, Google, and a net loss for programmers in general. And I don't mean protectionist oldheads who are already pulling down 6 figures, I mean everyone. A kid learning to code will not get salary he was promised in a decade.