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CEO Demands Employees Start Using AI, Fires Anyone Who Doesn't

Almost three years since the release of OpenAI's explosively popular ChatGPT, it's clear that artificial intelligence isn't exactly taking the job market by storm. Sure, AI makes a convenient cover for business executives who were already looking to downsize or outsource their labor force, but the tech's myriad hallucination issues, legal risks, and security baggage make it ill-suited to automate human jobs. That's to say nothing of the fact that 95 percent of businesses gunning for an AI overh

Coinbase CEO explains why he fired engineers who didn’t try AI immediately

It’s hard to find programmers these days who aren’t using AI coding assistants in some capacity, especially to write the repetitive, mundane bits. But those who refused to try the tools when Coinbase bought enterprise licenses for GitHub Copilot and Cursor got promptly fired, CEO Brian Armstrong said this week on John Collison’s podcast “Cheeky Pint.” (Collison is the co-founder and president of the payments company Stripe.) After getting licenses to cover every engineer, some at the cryptocur

Neil Armstrong's customs form for moon rocks (2016)

by Barbara Blum If you have ever traveled overseas, then returned to the U.S., you likely filled out a “customs declaration” form on the airplane: “Are you bringing with you: plants, food, animals, soil, disease agents, cell cultures or snails? Declare all articles that you have acquired and are bringing into the United States.” Who would have guessed the regulations would have been enforced so rigorously in 1969 when three men returned to the U.S. from a rather long business trip – to

Trip to moon required Apollo 11 crew to sign US Customs declaration to enter US

by Barbara Blum If you have ever traveled overseas, then returned to the U.S., you likely filled out a “customs declaration” form on the airplane: “Are you bringing with you: plants, food, animals, soil, disease agents, cell cultures or snails? Declare all articles that you have acquired and are bringing into the United States.” Who would have guessed the regulations would have been enforced so rigorously in 1969 when three men returned to the U.S. from a rather long business trip – to

Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit — and beat it

Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again. The move, which is still subject to the approval of the SEC’s Commissioners, is yet another signal that the Trump administration plans to be more friendly to crypto than the SEC was under former leader Gary Gensler. The SEC’s lawsuit, filed in 2023, alleged that crypto assets were securities and that Coinbase was operating as “an unregistered national securities