80% of AI products fail.
Yes, you read it right. I have noticed PMs think them the same as they are creating traditional apps.
#Day79 of #HelpingAspiringPMs100Days
There are several differences between the AI product and traditional products.
Primary reasons why AI products fail?
→ People often pick up the wrong problem, which they think is a huge issue, but in reality, it is not a significant concern for many.
→ The majority of AI products utilise ChatGPT or DeepSeek API in their backend, but the prompts entered are not designed to solve customer problems effectively.
→ I have seen this a lot because AI products require a significant amount of investment, but investors in India are not yet ready to make that level of investment.