The far majority of paid dev work these days is boring CRUD web work at a very high level of abstraction. Bootcamps (in my experience interviewing some of the grads) prepare you much better for this work than a CS degree.

Data structures & algorithm knowledge is practically meaningless for this kind of work. Knowledge of the various APIs and frameworks, although maybe less "sexy", is actually much more important when it comes to actually getting stuff done. If you're building out a RoR/Node.js/React.js/Angular app, somebody with deep experience with those technologies is going to be able to get a lot more done and be willing to do more bitch work (which let's be real, is most work) than a CS major who loves thinking about complex algorithms.

Sure if you're Google hiring a search engineer, go find yourself an algorithms expert. But for the other 99% of us, most of us are getting paid to solve business problems, not technical ones.