For leaders overwhelmed by AI, a practical first step is to apply a lean startup methodology. Mobilize a bright, cross-functional team, encourage rapid, messy iteration without fear, and systematically document failures to enhance what works. This approach prioritizes learning and adaptability over a perfect initial plan.

Instead of waiting for AI models to be perfect, design your application from the start to allow for human correction. This pragmatic approach acknowledges AI's inherent uncertainty and allows you to deliver value sooner by leveraging human oversight to handle edge cases.

Vercel's Pranati Perry argues that even with no-code AI tools, having some coding knowledge is a superpower. It provides the vocabulary to guide the LLM, give constructive criticism during debugging, and avoid building on a 'house of cards,' leading to better, more stable results.

Simply instructing engineers to "build AI" is ineffective. Leaders must develop hands-on proficiency with no-code tools to understand AI's capabilities and limitations. This direct experience provides the necessary context to guide technical teams, make bolder decisions, and avoid being misled.

In AI, low prototyping costs and customer uncertainty make the traditional research-first PM model obsolete. The new approach is to build a prototype quickly, show it to customers to discover possibilities, and then iterate based on their reactions, effectively building the solution before the problem is fully defined.

Historically, resource-intensive prototyping (requiring designers and tools like Figma) was reserved for major features. AI tools reduce prototype creation time to minutes, allowing PMs to de-risk even minor features with user testing and solution discovery, improving the entire product's success rate.

A powerful but unintuitive AI development pattern is to give a model a vague goal and let it attempt a full implementation. This "throwaway" draft, with its mistakes and unexpected choices, provides crucial insights for writing a much more accurate plan for the final version.

The panel suggests a best practice for AI prototyping tools: focus on pinpointed interactions or small, specific user flows. Once a prototype grows to encompass the entire product, it's more efficient to move directly into the codebase, as you're past the point of exploration.