[aetherson]

I think that there are a number of relatively more rosy scenarios for current bootcamp grads' salary outlooks:

* Maybe pent up demand will keep salaries high for quite a few years.

* Maybe salaries will fall off the cliff for people who graduate a bootcamp in a few years (3-5), but by that time current or near-future grads will have gotten far enough away from the glut of very junior people to have some salary stability.

* Or maybe the wages of all software devs (or a large majority of them) will fall off a cliff and that will lower cost of living in the Bay Area and it won't be such a big deal all told.

As to Google: It's a big company, it's hired a lot of people. But I guarantee you that all else being equal, a person who got a traditional university CS education has several big legs up over that person's identical twin who was self-taught or who did a bootcamp, for a junior dev position, without extensive industry experience in any of their cases.