Coinbase CEO Brian Armstrong Announces 40% of Code is AI-Written
Brian Armstrong, CEO of Coinbase, reports that nearly 40% of the platform’s code is now generated by AI, with expectations to reach 50% soon. In a recent interview with Fortune, he emphasized the transformation of Coinbase’s workforce into “AI-Natives.”
- Coinbase encourages engineers to use AI coding tools like Claude Code and Copilot.
- The share of AI-written code has doubled since April.
- Armstrong highlighted significant productivity improvements, enabling rapid development timelines.
- Engineers not incorporating AI are at risk of dismissal.
- All AI-generated code requires review and validation.
- Despite AI implementation, Coinbase is hiring, with 350 open positions focused on engineering.
Armstrong noted that among the roles, 93 are specifically for back-end engineering related to AI. Coinbase aims to integrate AI technology throughout its operations, improving efficiency while maintaining customer service quality, which earned an A+ from the Better Business Bureau.