More than 40% of Coinbase’s code is written by artificial intelligence, and he hopes that this figure will increase to 50% by next month, according to the company’s CEO Brian Armstrong.
“Obviously, you need to review and understand that, and not every area of your business can use AI-generated code, but you need to use it as responsibly as possible,” Armstrong posted on X on Wednesday.
According to a chart he shared, the percentage of codelines generated by Coinbase AI has more than doubled since April.
Changes in the percentage of AI-generated Coinbase code. sauce: Brian Armstrong
His comments come about a month after Coinbase stated that one of its biggest focuses is turning its workforce into “AI-Native.” It shows that they are not planning to immediately replace the majority of their 4,200 employees with AI.
The increased integration of AI into the workforce has sparked widespread fear that many roles will be replaced by AI in the future. The New York Post recently cited “Oklahoma Institute of Technology experts,” who predicted that AI-induced unemployment would collapse from 8 billion to 100 million by 2300.
However, researchers at the White House AI and Crypto Czar David Sacks and accounting firm PWC are among many who criticize pessimistic predictions, claiming that the AI’s unemployment narrative is exaggerated and could instead increase employee productivity.
AI streamlines Coinbase’s OPS
That view appears to be in line with Coinbase’s approach. This is because engineers now use AI-powered coding tools such as Copilot, Claude Code, and Cursor to perform their work.
“This allows for deep success stories that were impossible for single engineers to refactor, upgrade or build a new codebase in days rather than months,” which were not possible 12 months ago.
Armstrong recently said on John Collison’s “Sakhy Pints” podcast that he fired an engineer who was not given a good reason to not integrate AI a week after posting a delegation to one of Coinbase’s slack channels.
Coinbase is looking for over 150 developers and engineers
Coinbase continues to actively hire in its engineering and development departments, as nearly half of its current job openings of around 350 are looking for hard skills specialists, according to its website.
Of these, 93 are particularly backend engineering roles, many referring to AI early in the position or job description.
Customer experience is the best non-technology role with 56 openings.
Related: AI will abolish stocks and drive investors to Bitcoin: Analysts
There will be fewer cryptography layoffs, but there will also be fewer openings for job openings.
While massive layoffs have been eased across the crypto market, industry recruiters have observed significant enhancements in crypto adoption since 2022, primarily due to diverting talent and capital from the sector.
“Developers and entrepreneurs follow money and excitement. Now, AI is absorbing both,” Raman Shalupau, founder of Cryptojobslist and researcher Stefi Kiemeney said in a comment to Cointelegraph last month.
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