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Coinbase: Currently, more than 95% of the code is written with AI assistance, and AI agents account for work equivalent to 1,200 employees

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Coinbase platform head Rob Witoff said in an interview that currently 95% to 100% of the company’s code is assisted by AI or large language models, a significant increase from 40% as of February this year. Witoff noted that the company has already achieved AI usage by all employees on a daily basis, and that each engineer, on average, simultaneously runs 5 to 10 AI agents, whose combined productivity is equivalent to about 1,200 full-time developers. This shift has driven Coinbase to adjust its organizational structure by forming more lean, senior, small teams; previously, projects with more than 10 people now only need 2 to 3 people to complete, which is also one of the key backgrounds behind Coinbase’s 14% layoffs in May this year. Coinbase predicts that by 2030, the workload of AI agents could reach a level equivalent to 100k employees. (Cointelegraph)
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SilverLiningOfPessimism
· 4h ago
By October 2030, with the equivalent of 100,000 employees… will coders still have work then? I’m worried.
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ThereAreCatsInTheContract.
· 4h ago
If the “AI writes code, humans do review” model runs successfully, then the headcount logic for the entire industry will need to be rewritten.
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Don’tLetTheLiquidationAlarm
· 4h ago
The idea of streamlining the team is correct, but how are the people at the execution level supposed to be placed? You only talk about layoffs, not about transformation.
View OriginalReply0
SunshineCollector
· 4h ago
Each person runs 5–10 proxies—what kind of workflow is that? I’m curious what toolchain they use internally.
View OriginalReply0

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