Feels like Coinbase's layoffs are pulling the trigger for a wave of mass layoffs in the crypto industry. It's estimated that most companies with over 50–100 employees will cut at least 30%–50% of their workforce. Across various exchanges, the total layoffs could reach thousands or even tens of thousands. The market's not doing well, plus AI is boosting efficiency. Any job that can be replaced by AI will shift from carbon-based humans to silicon-based systems. The upside? We'll see more one-person companies. Individuals or small teams launching projects, freelancing as consultants, or juggling seven or eight side gigs. With AI, it'll all become much easier.