Coinbase's layoffs signal a dangerous move into a vibe-coding security mess

Coinbase CEO Brian Armstrong announced layoffs of 14% of staff as part of a plan to make the company 'AI-native,' including having non-technical teams ship production code. The post argues this is a serious security risk for a major financial exchange. It cites research showing 1 in 5 organizations experienced incidents caused by AI-generated code, that LLMs drift away from security requirements over multiple iterations, and that developers with AI assistance tend to write less secure code than those without. The post questions who will review, maintain, and debug AI-generated production code, especially at 2 a.m. when something breaks, and criticizes the lack of any rollback or oversight plan.