Most people do not have elite resumes and most people are not hiring people with elite resumes. There's plenty of uncertainty in hiring in general, and that being the case with bootcamps isn't much different than a typical resume with a 4-year degree.
I agree with the position that most people are not coming from "elite" schools, as someone who hires in the midwest. I still much prefer someone with a four year school (and, as the other poster mentioned, internships) to a bootcamp. I have had one bootcamp graduate of five total that was at a useful starting skill level, compared to probably 90% (don't have a count for this one) "base useful" skill out of college.
I used Stanford as an example, but plenty of companies focus on CS grads from big state schools like Purdue, Michigan, Ohio State, etc that have similar resumes. In my experience, graduates from 4-year CS programs with some internship experience vastly outperform bootcamp grads as a group. I have hired and worked with some outstanding bootcamp grads, but you would never know that they stood out before actually interviewing them since most bootcamps have standard resume templates they tell their grads to use. In an era of 200+ applicants/day for every junior engineering role, you need to be able to tell that someone probably has what it takes to succeed after a 30 second resume scan.
As a hiring manager, I can say that the quality of candidates from any sort of degree program versus any sort of bootcamp is really chalk and cheese. It's not a question of only hiring people with elite resumes it's the difference between someone who has had to think deeply about a subject and learn how to solve hard problems versus someone who has had some rote knowledge about a specific tech stack drilled into them by repetition and the minute they get outside their (narrow) zone they really struggle.
That's not to say I never hire bootcamp candidates, it is that going to a bootcamp is not really a positive in my assessment.
You would be wrong. The difference between a code camper (3-6 months) vs a bachelor's in compsci is the difference between a paramedic and a doctor. If all you need is a CRUD dev who can make use of a JS framework and a CSS library then it might be sufficient, but the rigorous fundamentals underpinning a compsci degree (discrete maths, data structures, algorithms, etc.) makes for a far more knowledgable and solid engineer.
