Coinbase platform head Rob Witoff said in an interview cited by Cointelegraph that 95% to 100% of the company’s code is now written with assistance from AI or large language models, up sharply from 40% in February this year. He said AI use has become a daily practice across the company, with each engineer running an average of five to 10 AI agents at the same time. According to Witoff, those agents deliver output comparable to roughly 1,200 full-time developers. He also said the shift has changed Coinbase’s internal structure, allowing the company to rely on smaller, more senior teams. Projects that previously required more than 10 people can now be completed by two to three staff members, which he described as one of the core factors behind Coinbase’s 14% workforce reduction in May. Coinbase expects AI agents’ workload to reach the equivalent of 100,000 employees by 2030.
According to Cointelegraph, Coinbase platform head Rob Witoff said in an interview that 95% to 100% of the company’s code is now written with assistance from AI or large language models, up sharply from 40% in February this year.
Witoff said AI is now used daily across the company, and each engineer runs an average of five to 10 AI agents at the same time. He said the combined output of those agents is equivalent to about 1,200 full-time developers.
He added that the shift has led Coinbase to change its organizational structure and build smaller, more senior teams. Projects that once needed more than 10 people can now be handled by two to three people, and he said this was one of the core factors behind Coinbase’s 14% layoffs in May.
Coinbase expects the workload handled by AI agents to reach the equivalent of 100,000 employees by 2030.
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