Coinbase: The workload of AI agents is equivalent to 1,200 employees, with a goal of reaching 100,000 by 2030

According to Cointelegraph, Rob Witoff, head of the Coinbase platform, stated in an interview that currently 95% to 100% of the company's code is assisted by AI or large language models, a significant increase from 40% in February of this year.

Witoff pointed out that the company has achieved daily use of AI by all employees, and each engineer is running an average of 5 to 10 AI agents simultaneously, with the overall work efficiency equivalent to about 1,200 full-time developers.

This transformation has driven organizational adjustments at Coinbase, forming smaller, more streamlined, and experienced teams; projects that previously required more than 10 people can now be completed by just 2 to 3 people. This has also become one of the core reasons for Coinbase's 14% layoffs in May of this year. Coinbase predicts that by 2030, the workload of AI agents is expected to reach the equivalent of 100,000 employees.