Managing AI-First Products: Roles, Skills, Challenges, and Strategies of AI Product Managers

Artificial Intelligence (AI) is revolutionizing industries, offering significant opportunities for innovation while introducing unique complexities in product management. Despite its transformative potential, research on the distinct responsibilities, challenges, and skills required of AI Product Managers (AI PMs) remains limited, leaving a critical gap in understanding how to effectively manage AI-driven products. This study addresses this gap using a grounded theory approach to analyze the evolving roles of AI PMs and propose strategies for managing the complexities of AI-first product development. Central to this study is the introduction of the AI PM Archetype Persona Framework, which encompasses expanded responsibilities, specific challenges and mitigation strategies, essential skills and competencies, AI product lifecycle management, personality traits, and the application of generative AI tools in product management. These findings provide actionable insights for practitioners and organizations, enabling them to tackle AI challenges, refine product lifecycle strategies, and foster sustainable innovation in an AI-driven market landscape.