Snap CEO says AI writes more than two-thirds of company's new code, warns of societal backlash

Snap CEO Evan Spiegel stated on the 'Cheeky Pint' podcast that more than two-thirds of new code at Snap is now generated by AI, specifically crediting Anthropic's Claude as 'transforming software development, full stop, at Snap in every part of our organization.' Spiegel predicted companies will reallocate resources from software engineering to distribution as building becomes easier. He also warned that tech executives are underestimating 'societal pushback' against AI, citing job fears and energy costs. The comments come as Snap simultaneously cut 1,000 jobs (16% of workforce), explicitly citing AI efficiency gains and targeting over $500 million in annualized savings by H2 2026. Snap also introduced AI Sponsored Snaps, allowing users to chat with brand AI bots.