Why every Product Manager should know Machine Learning

Machine Learning (ML) is becoming ubiquitous and every single product out there is attempting to use some flavor of Machine Learning to better address customer problems and delight them. ML is no more a fad and it is not restricted to those familiar use-cases of image recognition, page ranking, spam detection, autonomous cars etc. Appropriate use of ML algorithms is essential to differentiate every product and deliver better value proposition to its customers. Machine learning is evolving faster than any other technology and it has the power to break new grounds creating more opportunities through providing solutions to problems that were evading us for a longer time. Even products that are not entirely ML dependent, where it already addresses a certain problem, harnessing ML can help the product better address the same problem. ML is soon becoming the de facto technology for every product and its Product Manager, ML offers only two choices (1) Embrace ML effectively or (2) Fad into oblivion.