Understanding the AI-Native Product

In this chapter, we will go over the essential components for creating a strategy for building an AI product. This strategy will allow companies a process that will help them succeed in building an AI native tool. In Chapter 2, we briefly introduced the new product development stages, and in this chapter, we will build on that structure by focusing on the most important phases of introducing a new AI/ML native product: ideation, data management, research, development, and deployment. We will also address the main contributors to your AI/ML product team, as well as the tech stack that will empower them. AI native products begin and end with your data, and the roles you fill to support the team responsible for their creation will be critical to their success. When building an AI native tool, do your due diligence so that you aren’t being wasteful of your company’s finances and resources. A bad hire or incorrect tech investment can be...