I've been making websites for over twenty years, and I can assure you that there have always been bad web developers. Some are self-taught and some learned at university. Just as there are good ones who have learned in those ways too. Codecamps are no different - there'll be bad developers and good developers who learned through attending them. There's nothing inherently or automatically worse about codecamp graduates. It's all about the individual.
Ok, I have been working in IT for 15 years and have seen some shit too..and I would never hire a person who attended codecamp, to me it does not seem to be reliable way to grow a developer. It's more like a trick that only takes the money from people who want to live the software developer life in the Bay Area.