Patrick J. Auld
2.7K posts




Coinbase is cutting 14% of its staff because of AI. But @brian_armstrong (founder, CEO), shared a few things in his memo that most ppl will miss: 1. "No pure managers." Every leader has to be a working individual contributor. The pure people-manager role, the one that built most corporate career ladders for the last 50y, no longer exists at Coinbase. 2. Leaders will have 15+ direct reports. That is insane. Previously, managers capped out at 6 directs. This would be IMPOSSIBLE without AI. 3. Coinbase is testing "one person teams" where a single person is the engineer, the designer, and the PM. A pod of one with agents. Org structures are being redesigned in front of our eyes.



NEWS: xAI plans to supply tens of thousands of GPUs to coding startup Cursor to train its upcoming Composer 2.5 AI model, marking a strategic shift toward providing cloud computing services to third-party developers. The arrangement, according to Business Insider, allows Cursor to leverage xAI's massive infrastructure to develop advanced coding capabilities while providing xAI with a new revenue stream to offset data center costs. businessinsider.com/elon-musk-xai-…


