There is an interesting parallel to what is happening in the US today with these dev bootcamps, to the surge in IT workers in countries like India and Pakistan

There is an interesting parallel to what is happening in the US today with these dev bootcamps, to the surge in IT workers in countries like India and Pakistan this last decade. In these countries, an incredible demand for developers arose very fast because of the "new" possibility of offshore outsourcing. You had radio mechanics, electricians, admin workers flocking to IT. It paid well and there was a huge shortage of talent. Read an HTML book and take a course, and you're a junior developer. 12 months later, granted you hadn't messed up too much, presto! You are now a senior developer. The party didn't last however, and now, Pakistan and India are high risk countries to outsource to, main reason being this dilution of the talent pool (while you of course can find incredibly talented developers in these countries, it is exceedingly hard). That probably won't happen to the same degree in the US, but the jobs of hiring managers and young entrepreneurs (who are often inexperienced with qualifying candidates) are certainly not getting easier.