1. Generative AI is revolutionizing fields like image generation, copywriting, and code writing, and has significant business implications in terms of quality, speed, creativity, and cost.
2. Generative AI-based products face challenges such as maintaining a competitive advantage, acquiring technical advantages, market speed, monetization, and ethical concerns.
3. Product managers must adapt by focusing on product development speed, fundraising speed, sales and marketing speed, building competitive advantages, and hiring skilled human resources.
4. Challenges for AI implementation include lack of explainability, inability to determine ethics, and ensuring accuracy in specialized fields.
5. The paradigm shift due to generative AI will have a major impact on businesses, requiring product managers to be proactive and adaptable in order to succeed.
I hope the article helps you deepen understanding of how PMs should adopt to the change.
Glasp is a desktop-based social web highlighter that enables users to highlight web content like articles, PDFs, Kindle, and YouTube, fostering knowledge sharing and learning within a community.