
Writing software, especially prototypes, is becoming cheaper. This will lead to increased demand for people who can decide what to build. AI Product Management has a bright future! Software is often written by teams that comprise Product Managers (PMs), who decide what to build (such as what features to implement for what users) and Software Developers, who write the code to build the product. Economics shows that when two goods are complements — such as cars (with internal-combustion engines) and gasoline — falling prices in one leads to higher demand for the other. For example, as cars became cheaper, more people bought them, which led to increased demand for gas. Something similar will happen in software. Given a clear specification for what to build, AI is making the building itself much faster and cheaper. This will significantly increase demand for people who can come up with clear specs for valuable things to build. This is why I’m excited about the future of Product Management, the discipline of developing and managing software products. I’m especially excited about the future of AI Product Management, the discipline of developing and managing AI software products. Many…
If AI collapses the cost of building, the scarce input becomes clear specifications; expect team composition to shift toward the people who define what gets built.
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