In a podcast episode of "High Agency," Raz Nussbaum, a Senior Product Manager in AI at Gong, discusses the transformative impact of large language models (LLMs) on product development and the evolving role of product managers in the AI landscape. He emphasizes the importance of practical engagement with AI models, advocating for prompt engineering and real-world testing with customer data to build effective generative AI products. Nussbaum highlights the challenges of operating AI at scale, such as selecting suitable LLM vendors and maintaining quality assurance through iterative testing and feedback mechanisms. He notes that while AI has simplified certain processes, the competitive landscape has intensified, necessitating rapid innovation and market interaction. Despite the technological advancements, he believes core product management principles remain unchanged, focusing on understanding customer problems and iterating on solutions. Nussbaum envisions AI's future role in enhancing efficiency by automating routine tasks, allowing human teams to concentrate on high-value activities, and believes the potential of AI is still underhyped, with vast opportunities yet to be realized.