Why did Eliezer take a detour from his AI work to write the sequences and create Less Wrong? Here is what he says in this interview with John Baez:

There are also an absolutely huge number of pitfalls that people stumble into when they try to think about, as I would put it, Friendly AI. Consider how many pitfalls people run into when they try to think about Artificial Intelligence. Next consider how many pitfalls people run into when they try to think about morality. Next consider how many pitfalls philosophers run into when they try to think about the nature of morality. Next consider how many pitfalls people run into when they try to think about hypothetical extremely powerful agents, especially extremely powerful agents that are supposed to be extremely good. Next consider how many pitfalls people run into when they try to imagine optimal worlds to live in or optimal rules to follow or optimal governments and so on.

Now imagine a subject matter which offers discussants a lovely opportunity to run into all of those pitfalls at the same time.

That’s what happens when you try to talk about Friendly Artificial Intelligence. And it only takes one error for a chain of reasoning to end up in Outer Mongolia. So one of the great motivating factors behind all the writing I did on rationality and all the sequences I wrote on Less Wrong was to actually make it possible, via two years worth of writing and probably something like a month’s worth of reading at least, to immunize people against all the usual mistakes.

So, in effect, the sequences constitute a training manual for new SIAI hires. And presumably Boot Camp consists of a trial run for an SIAI training program which involves some practical work.