Because he’s the CEO of Coinbase, what else would you expect someone with that job title to do?
The dude looks like he’s unironically roleplaying his life as Feyd-Rautha Harkonnen.
AI and crypto working together sounds redundant.
Fuck all cryptobros. With a saguaro.
a chollo cactus.
Pretty sure those are protected and far too niche for the likes of him. A chainsaw would do nicely instead.
Coinbase has always been the laughingstock. They’re not a real exchange.
Armstrong was shocked at the thought. “I went rogue,” he said, and posted a mandate in the company’s main engineering Slack channel. “I said, ‘AI is important. We need you to all learn it and at least onboard. You don’t have to use it every day yet until we do some training, but at least onboard by the end of the week. And if not, I’m hosting a meeting on Saturday with everybody who hasn’t done it and I’d like to meet with you to understand why.’”
At the meeting, some people had reasonable explanations for not getting their AI assistant accounts set up during the week, like being on vacation, Armstrong said.
“I jumped on this call on Saturday and there were a couple people that had not done it. Some of them had a good reason, because they were just getting back from some trip or something, and some of them didn’t [have a good reason]. And they got fired.”
Armstrong admits that it was a “heavy-handed approach” and there were people in the company who “didn’t like it.”
He gave them one week? So he has poor planning skills, he’s impatient with terrible impulse control, he’s unable to motivate people (probably because they know he’s an intolerable ass) and his big idea is “do what everyone else is doing, even if you don’t know why.” Sounds like CEO is the only job he can do. What a fool.
Funnily enough AI can probably do his job far better
You’re probably right. LLMs specialize in spouting bullshit, which seems to be the main requirement for a CEO too.
That’s why CEO"s are so impressed by it, it’s just like they are! Empty.
CEO is the #1 job that should be replaced by AI.
The guy is such an asshole. I’d never apply to work there. He had a policy where he personally needs to approve of every single person hired there. He’s a micromanager, Elon wannabe douche. I have some crypto with Coinbase, but I will never add more to it. Eventually, some day I’ll pull it out. The problem is other companies in crypto are also run by raging assholes — Kraken for instance was founded by a total dickhead.
All crypto"currencies" are greed-inducing society-eroding pyramid schemes.
Get out this Crypto Cult Science.
✍︎ arscyni.cc: modernity ∝ nature.
Crypto is full of scammers that are not allowed to trade securities because of criminal activities.
Do they give you some sort of return or interest for having cryptosystem with them? If not why not just store it in your own wallet. I thought the whole point of crypto currencies was to decentralise it.
If you have crypto on coinbase, does that mean you don’t have the private key?
What’s with the kraken dude?
The guy was under FBI investigation until the Trump admin dropped the case, but also…
From Wikipedia:
In 2019, Powell suggested that parenting was a distraction to being productive and critiqued the economic viability of parental leaves; he went on to question whether choosing to not abide by relevant governmental regulations was a risk worth taking.[40] In June 2022, Powell urged employees in a work meeting to reject the usage of preferred gender pronouns; he then opened a Slack channel to debate whether people should be allowed to choose their gender but not their race or ethnicity.[7] The next day, Kraken released a “culture document” which outlined the libertarian values that it asserted were to be obeyed at work.[7] Among other things, employees were prohibited from labelling others’ comments as “toxic, hateful, racist”, etc., and particular emphasis was assigned on how “offensiveness” was not forbidden.[7] Powell and his fellow executives encouraged employees who disagreed with the policy to quit, and offered four months’ severance for those who opted to do so.
https://en.m.wikipedia.org/wiki/Kraken_(cryptocurrency_exchange)
Thanks!
I heard he doesn’t return his trolley
Not your keys?
Not your coins.
Let’s all drop everything. There’s something shiny and new hereabouts.
I’m guessing it’s because he’s a prick. That’s it, isn’t it?
CEO
PrickYup
Good excuse to lay off without paying unemployment while power-tripping. That’s all these kinds of things usually are about.
LLMs for code completion cause me more button presses and clicks to ignore them over standard code completion and the chat doesn’t help people who think logically and conceptually only ones who think verbally. So, it’s useless to me.
Good excuse to lay off without paying unemployment while power-tripping. That’s all these kinds of things usually are about.
You know who will be the slowest to adopt any Ai assistance? Senior devs. You know who this guy just fired? Senior devs. If you want to know the people you never want to fire, I have news for you.
Extremely doubtful that this would rise to a firing that was justified enough that would preclude the employees seeking unemployment. They would really want to have a longer paper trail than “CEO sent a slack message and then a meeting a week later.” Not saying that this was an illegal firing. This was just power tripping.
Nah, most employers have lots of stuff in their back pocket on almost every employee. That’s mostly what HR is for these days. Think you got away with forgetting to put in your PTO day that one time you were sick 5 years ago? Nah, that’s just a fireable ofence to use against you later for theft. But this is enough on its own to justify an insubordination firing in most “right to work” states in the US.
There’s nothing stopping them from firing you, but a one time offense will not get the government to deny you you unemployment, assuming you appeal any denial. Especially if the only other ammo they have is from five years ago.
Nope, Texas had no problem denying my unemployment and appeal when the company had a major change in leadership and I wasn’t interested in playing politics. They came up with some made up excuse that I was not coming to the office daily per the policy. And my boss had already been pushed out of his role as COO and Executive VP and moved to a marketing director job with no real power, so he couldn’t help.
When I was fired the date they gave that I hadn’t come in I was able to present evidence to the unemployment when I came in the office and left because traffic was bad that day and I took the toll road and had the receipt. So, they came back with another day. That one I hadn’t used the toll road and since I wasn’t allowed to get other employees to say they saw me there, so I had no evidence that wasn’t fully under the control of the company. That was enough for them to rule I was insubordinate by not coming into the office for 8 hrs/day when it was policy to do so. Forget that I was paid salary and worked way more than 40hrs a week. And that I was doing way more than I was supposed to be based on my job title and I was barely being paid anything for what I was doing. They weren’t saying I wasn’t working enough. Just that I violated that one rule even one time was enough for unemployment to be denied. That’s all it takes. I could have appealed higher, but that would have required a lawyer and would have cost more than the pittance I would have gotten from the unemployment anyway.
So, yes, refusing a direct instruction, even once, is even more severe than that and likely would be enough to have your unemployment denied in a “right to work” state.
. these are things that were told on glassdoors, indeed forums/reviews. before the companies came after job sites years ago, for exposing thier unethical business praticies.
Reminder that Coinbase is the company securing the assets of the majority of government sanctioned/registered crypto ETFs. If you are invested or thinking about being invested in cryptocurrency, but have doubts about the ability of Coinbase to do things in a secure, competent way, consider self custody instead of trusting them.
Nah, this is why I went with the Canadian etf. They use Gemini, and seem much more competent
I’m guessing he only wants yes-men
Don’t worry, he’ll come back to developers crying for help when his precious coins get stolen due to sloppy coding
That’s some A tier micro management
Fucking wish . com lex luther
Eyooooo!
Is it to lash out at others for his alopecia?
this guy bald for the same reason caillou is
Punishment from God for his evil ways?
he sucks so much even his hair doesn’t want to hang out with him
Good bye pecia.
Why is it so often a bald guy.
They know the thing they’ve got going on now isn’t working so they have to latch onto anything new
Why is it always a guy?
Often yes, but not always.
And, bonus HP douche.
