According to Keith Rabois, a veteran tech investor, the role of a product manager in the tech industry is becoming irrelevant due to advancements in artificial intelligence. Rabois, who is a managing director at Khosla Ventures and previously worked at PayPal and Square, mentioned that AI is eliminating the need for roles that require heavy coordination. As technology teams evolve under the influence of AI, workers are expected to adopt a CEO-like mindset to navigate the changing landscape effectively.

During an interview on ‘Lenny’s Podcast,’ Rabois emphasized how rapidly evolving AI tools like Lovable are rendering traditional product manager responsibilities such as coordination and long-term planning obsolete. The emergence of AI-driven startups offering tools like ‘vibe coding’ is streamlining the process of creating websites and apps, reducing the reliance on large coordinated teams.

Rabois highlighted the pace at which AI technologies are advancing, making it impractical to adhere to year-long roadmaps in today’s fast-paced environment. He argued that conventional project manager functions centered around customer input, team alignment, and long-term planning are losing relevance. Instead, he suggested that individuals need to transition into roles resembling CEOs – focusing on what to build and why.

As companies adapt to these changes, Rabois proposed a shift in team structures towards agility and quick decision-making rather than layers of coordination. High-growth startups will thrive by seizing new opportunities promptly and delivering value to customers in real-time. The future success of organizations will hinge on their ability to innovate rapidly and respond swiftly to changing market demands.