Coinbase's CEO, Brian Armstrong, announced that over 40% of the code for the platform is now generated by artificial intelligence, with a goal to reach 50% by next month. This marks a significant increase from the 20% reported in April. Armstrong emphasized the importance of reviewing AI-generated code, stating that it won't fully replace human developers, but instead enhance their productivity. AI tools like Copilot and Claude Code are currently used by Coinbase engineers, enabling rapid development and modification of codebases. Despite concerns about job loss due to AI, Coinbase intends to transform its workforce into 'AI-Natives,' actively hiring for over 150 developer positions, specifically in backend engineering, many of which involve AI. The crypto job market has seen changes, with a noted decline in openings attributed to the tech industry's shift towards AI applications, drawing talent and resources away from the crypto sector. Armstrong's firm stance on integrating AI reflects a broader trend of enhancing operational efficiency while maintaining a significant human workforce in the engineering department.

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