Artificial Intelligence in Product Management PDF
Artificial Intelligence in Product Management PDF
SYSTEMATIC REVIEW
ABSTRACT
Artificial Intelligence (AI) is the most impressive technology of the current era. The current technological globe
is incomplete without using Artificial Intelligence and its branches like Machine Learning (ML) and Deep
Learning (DL). The technological revolution has been possible by making machines intelligent enough to learn
and improve themselves. Along with their involvement in other areas of life, Product Management is a new
area that merges with AI. With AI technology, Product Managers have been able to AI products that are the
products use AI. This research will reveal the participation of AI and its branches in the Product Management
paradigm and the roles and responsibilities of AI product managers.
Keywords: Product Management, Artificial Intelligence, Machine Learning.
I. INTRODUCTION
The current century brings revolutions in technology glob. Modern technologies such as Artificial Intelligence,
Machine Learning, Cloud Computing, the Internet of Things, and Blockchain offer numerous digital solutions
and play a pivotal role in the customer base[1]. Furthermore, these emergent technologies facilitate business
by offering enhanced services for customers. Artificial Intelligence (AI) and Machine Learning (ML) are the
most powerful technologies that turn the tables on modern products and services[2]. By definition, AI is the
simulation of human intelligence by machines, especially by computer systems, so it can automatically
perform human tasks without humans [3]. A common misconception is that AI equals Machine Learning,
which is invalid. AI can be a rule-based system where the hard-coded rules, if a, are programmed into the
system. There can be tens of thousands of such rules. By chaining all these rules together, such a system can
make decisions or take actions on new data without human intervention. The more efficient and flexible way
to achieve AI is to use Machine Learning instead of hard coding. In Machine Learning, the rules are just fed
historical data into the system and let it learn the rules by itself[4]. First, it is defined how the system should
learn by coding an algorithm; then, the algorithms run the data to learn the rules. This learning process is
called training, and the training outcome is called a model. Afterward, the model is used for making
predictions on new data. There are various machining algorithms, with one subset being deep learning which
leverages artificial neural networks to solve more advanced AI problems. Some examples today that are even
un noticeably using AI are spam filtering in email boxes, phishing detection, search engines, self-driving cars,
and many other areas[5, 6]. All AI systems today are artificial narrow intelligence and night or weak AI. It can
only perform a particular set of tasks within a limited context. A product built based on such systems is
defined as an AI product, and this product aims to improve human productivity. This research will explore the
concept of an AI Product Manager and a product built based on such systems defined as AI products. The
goal of this product is to improve human productivity[7]. The rest of this paper is summarized as section II
will be discussed AI Product management. Section III role and responsibilities of an AI, the Product Manager,
will be discussed. The last conclusion will be presented
The rest of this section will discuss in detail the roles and responsibilities of the AI Product Manager.
Roles AI Products Manager
This section will discuss what skills are needed to build to become an AI product manager. Since all product
managers must determine what the desired outcome, how that outcome will be is Delivered and how the
product will be used before starting the building process. Starting a new process every time is expensive, and it
is an investment. Hence at the very beginning phase, AI product managers should be able to use the same rapid
innovation tools that design experts use, including (UX) mockups, wireframes, and user surveys. It is critical to
frame the problem or the opportunity that the product addresses[7, 12]. ML can solve different categories of
problems in their ranking recommendation, such as classification, regression, clustering, and anomaly
detection. The AI lifecycle starts from data and training. Data is needed to be trained on ML algorithms
discussed above. After training, the design and development phases deal with product development according
to the trained model's suggested outcome. Validation and testing are essential for approval for deployment.
Finally, AI product managers have to monitor an optimization to ensure that things change even when it's built
and out there in the wild. Hence it is essential to monitor the system for quality continuously
IV. CONCLUSION
Artificial Intelligence is invading technology that incorporates all sectors of human life. In the current
technological world, AI products have been more intelligent and efficient. AI products are not similar to the
contrary product in their development and use. Hence AI product demands specific skilled Product Managers.
This research aims to discover the involvement of AI in Product Management. The specified role of AI Products
Mangers has been discussed in this research. The comprehensive overview of AI Product Management can
prove a milestone for new researchers in this domain.
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