TechFlow news, July 15, according to Cointelegraph reports, Coinbase platform head Rob Witoff revealed that currently 95%~100% of the company's code is completed with the assistance of AI or large language models (LLM), a significant increase from the 40% disclosed in February this year. Currently, each engineer at the company runs an average of 5~10 AI agents simultaneously; the overall workload of AI agents is equivalent to approximately 1,200 employees, and this figure is expected to reach the equivalent of 100,000 employees by 2030. The large-scale application of AI drove Coinbase to lay off 700 people (approximately 14%) in May this year and restructure into a leaner senior team, where 2~3 people can complete work that previously required more than 10 people.
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