Canary in the coal mine for coding bootcamps? — from theview.substack.com by gordonmacrae; with thanks to Mr. Ryan Craig for this resource
Excerpt:
If you run a software development bootcamp, a recent Burning Glass institute report should keep you awake at night.
The report, titled How Skills Are Disrupting Work, looks at a decade of labor market analysis and identifies how digital skill training and credentials have responded to new jobs.
Three trends stuck out to me:
- The most future-proof skills aren’t technical
- Demand for software development is in decline
- One in eight postings feature just four skill sets
These three trends should sound a warning for software development bootcamps, in particular. Let’s see why, and how you can prepare to face the coming challenges.
Also relevant/see:
Issue #14: Trends in Bootcamps — from theview.substack.com by gordonmacrae
Excerpt:
Further consolidation of smaller providers seems likely to continue in 2023. A number of VC-backed providers will run out of money.
A lot of bootcamps will be available cheaply for any larger providers, or management companies. Growth will continue to be an option in the Middle East, as funding doesn’t look like drying up any time soon. And look for the larger bootcamps to expand into hire-train-deploy, apprenticeships or licensing.
As Alberto pointed out this week, it’s hard for bootcamps to sustain the growth trajectory VC’s expect. But there are other options available.