Coinbase: AI Now Writes 95% of Code Amid 700 Layoffs
The jump from 40% to 95% in five months landed alongside 700 layoffs, framing AI-augmented engineering as a deliberate replacement of headcount rather than a productivity sidecar.
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The jump from 40% to 95% in five months landed alongside 700 layoffs, framing AI-augmented engineering as a deliberate replacement of headcount rather than a productivity sidecar.
The pick puts a venture capitalist who has spent a decade arguing AI is underhyped at the table where the Fed frames its productivity and labour-market assumptions.
The 21,559-firm dataset links actual AI vendor payments to workforce records, and the result challenges the layoff-narrative: AI-heavy firms are still hiring, not shrinking, six to twelve months into…