AI is eating jobs one by one! You might have read it everywhere but it’s the Truth. Coinbase, a cryptocurrency platform, has announced that over 40% of Coinbase’s code is written by artificial intelligence, according to CEO Brian Armstrong. However, the platform is not content with it and wants to gradually increase it to almost 5o percent. “Obviously it needs to be reviewed and understood, and not all areas of the business can use AI-generated code. But we should be using it responsibly as much as we possibly can,” Armstrong posted to X on Wednesday.
~40% of daily code written at Coinbase is AI-generated. I want to get it to >50% by October.
— Brian Armstrong (@brian_armstrong) September 3, 2025
Obviously it needs to be reviewed and understood, and not all areas of the business can use AI-generated code. But we should be using it responsibly as much as we possibly can. pic.twitter.com/Nmnsdxgosp
— Brian Armstrong (@brian_armstrong) Increasing AI integration in workforce!
The increased integration of AI into the workforce has sparked widespread fears that many roles will be replaced by AI in the future. The New York Post recently cited an “Oklahoma tech expert” who predicted that job losses caused by AI will cause a global population collapse from 8 billion to 100 million by the year 2300.
But White House’s AI and crypto expert David Sacks and researchers at Big Four accounting firm PwC are among many who have criticized the gloomy predictions. They are arguing the AI job loss narrative is overhyped and that it may instead boost employee productivity.
Coinbase aggressively pushing for AI?
“This has enabled profound success stories that weren’t possible 12 months ago, like single engineers refactoring, upgrading or building new codebases in days instead of months.” Armstrong recently said on John Collison’s “Cheeky Pint” podcast that he fired engineers who couldn’t give a good reason for not integrating AI into their everyday work. He says that just a week after posting a mandate in one of Coinbase’s Slack channels demanding its engineers to start using it, he gave a warning.
Fewer crypto layoffs, but fewer job openings!
While large-scale layoffs have eased across the crypto market, industry recruiters have observed a significant tightening in crypto hiring since 2022, largely attributing it to AI diverting talent and capital away from the sector. “Developers and entrepreneurs follow the money and excitement, and right now AI is soaking up both,” Crypto Jobs List founder Raman Shalupau and researcher Stefi Kiemeney told Coin telegraph last month.
AI integration creating jobs!
Coinbase is on the lookout for over 150 developers, engineers. Coinbase is continuing to hire aggressively in its engineering and development departments, with nearly half of its roughly 350 current job openings seeking hard-skilled professionals, according to its website. Of these, 93 are specifically back-end engineering roles, many of which reference AI in the job title or early in the job description. These job openings show all is not gloomy; however, people must upgrade their skills.
