That same artificially selected population could've gone a lot further with the same amount of money applied differently.
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Replying to @bitemyapp @Altimor
I get what you’re saying, but not sure it’s true. Most people would profit from direction and good* education over self learning, even the smart ones. That said, self learning is the greatest selection bias you could ever have.
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Replying to @AustenAllred @Altimor
Adding an inexperienced human to a poorly designed curriculum and charging five figures does not make that more effective than a good curriculum augmented with community support. I've seen this from experience across many contexts (uni, bootcamps, etc.)
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Replying to @bitemyapp @Altimor
Agreed, of course. And we also agree, I’m sure, that some need education on the margin. But there are people who could succeed on their own that will be even *more* successful with an education than on their own.
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Replying to @AustenAllred @Altimor
My point is about opportunity cost (for the students) and access. Manipulating admissions to make yourself look good and then charging 5 figures for something that produces worse outcomes than books + community support merits no praise.
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Those kinds of programs draw their time and resources away from better options that could've gotten them _further_ in their understanding and at a couple orders of magnitude lower cost.
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Further, you're assuming your ability to evaluate future outcomes and ability/adaptability is accurate and it is extremely unlikely that is the case or you'd find a more profitable use for that faculty than filtering for marginally-likely-to-succeed customers.
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So the filtering combined with the high cost, time demands, etc. leaves a lot of extremely talented but otherwise undeveloped and undiscovered people out in the cold in addition to parasitizing the likely-successful.
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Replying to @bitemyapp @AustenAllred
@bitemyapp@AustenAllred Idk, that point seems to defeat itself: the ones bright enough to not need that education probably don't seek it in the 1st place. At the end of the day I do believe quality bootcamps are net value creators.1 reply 0 retweets 1 like -
Replying to @Altimor @AustenAllred
Jesus Christ unis and bootcamps are not the only ways to get education or training. The alternatives are not "no education" I'd like to see a quality bootcamp someday. I think in general there's just too much to learn in the time allotted and there are more efficient ways.
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No one said they were the only ways to learn, and various ways aren’t mutually exclusive. Books can be good and bootcamps can be too.
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