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Boot camp coders are an artifact of the low interest rate environment. Until we see low interest rates again, it's unlikely that there will be a significant mar

• namaria 2y ago
  Zirp drove demand of low quality code. LLMs drive supply. Bootcampers are being squeezed on both sides, and remote work adds foreign competition on all levels of competency. Zirp also drove supply of capital. Inflated cloud and now gpu farm business. In the absence of gpu farms churning out code, it drove demand for bootcampers. If normal interest rates deflate supply of capital, it will also deflate supply of automatically produced low quality code, so it should be possible that normal interest rates actually accelerate a reverse to mean as in structural demand for low quality code supplied by bootcampers primarily. Inflated pay for low quality code was an artifact of zirp. Supply and demand should settle at a place where bootcampers are not getting rich anymore which sounds more normal.