AI and Product Strategy: Expanding Possibilities

AI has the potential to revolutionize various industries by providing new capabilities and expanding the addressable market. It can make it possible for more people to use a product, increase the power of existing features, and even remove entire chunks of work. For example, in sales, AI can assist in training by providing real-time updates during sales calls and automating prospecting and personalization. In project management, AI can provide real-time project updates and identify resource conflicts and recommendations. In reporting, AI can uncover correlations in data and generate insights. The key is to think about how AI can create new features, make existing features easier and more powerful, and eliminate the need for certain tasks. However, it's important to understand true disruptive potential and consider if AI solutions truly offer a new attack factor that incumbents can't easily replicate. Make informed decisions based on the specific market and target audience.