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Ai Data Fundamentals

The AI Product Management training material emphasizes the critical role of data in AI systems, highlighting its impact on model quality and fairness. It covers essential aspects such as data collection, labeling, preprocessing, and the importance of collaboration with data scientists and MLOps engineers. A Data-Readiness Checklist is provided to help PMs assess data-related risks and ensure alignment among stakeholders.

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20 views2 pages

Ai Data Fundamentals

The AI Product Management training material emphasizes the critical role of data in AI systems, highlighting its impact on model quality and fairness. It covers essential aspects such as data collection, labeling, preprocessing, and the importance of collaboration with data scientists and MLOps engineers. A Data-Readiness Checklist is provided to help PMs assess data-related risks and ensure alignment among stakeholders.

Uploaded by

suchiwork2025
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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AI Product Management Training Material

Module: Data as a Product Foundation

Overview

Data is the fuel of AI systems. As an AI Product Manager, understanding the role, quality, and handling
of data is critical to building usable and trustworthy models. This module explores how data shapes AI
outcomes and what PMs need to do to ensure readiness.

1. The Role of Data in AI Systems

• Machine learning models are only as good as the data they're trained on.
• Data determines:
• What the AI system can learn
• How it generalizes
• Whether it's biased or fair
• PMs must treat data as a strategic product asset — not a byproduct.

2. Data Collection, Labeling, and Preprocessing

Data Collection

• Define the data needed for the use case.


• Consider both historical and real-time sources.
• Ensure proper consent, governance, and privacy.

Labeling

• Labeling is essential for supervised learning.


• Use internal SMEs, crowdsourcing, or data labeling services.

Preprocessing

• Cleaning (e.g., handling missing values, duplicates)


• Normalization (e.g., scaling values, consistent formats)
• Structuring unstructured data (e.g., from text or images)

3. Understanding Data Bias and Quality

• Bias: When the data does not represent the real-world scenario accurately.
• Examples: Gender or racial bias, selection bias, label bias
• Quality dimensions:
• Accuracy
• Completeness
• Consistency

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• Timeliness
• Relevance
• PM responsibility: Anticipate, detect, and mitigate bias and low quality.

4. Working with Data Scientists and MLOps Engineers

• Collaboration focus:
• Define clear problem statements and success metrics
• Align on data assumptions and constraints
• Review model outputs and error analysis together
• MLOps: Helps productionize AI models — manage pipelines, versioning, deployment, and
monitoring
• PMs should facilitate handoffs, ensure shared understanding, and manage project-level risks.

5. Buy vs. Build vs. Partner Decisions

• Build: If your use case is highly specialized and you own quality data
• Buy: For general-purpose features (e.g., OCR, translation, sentiment detection)
• Partner: When domain expertise or data access is limited
• PMs should evaluate:
• Cost and time to market
• Competitive advantage
• Long-term maintainability and flexibility

Deliverable: Data-Readiness Checklist for an AI Use Case


✅ Is the problem well-defined and data-dependent?
✅ Do we have access to relevant, high-quality data?
✅ Are labeling requirements and costs understood?
✅ Have we assessed data bias and diversity?
✅ Are privacy, compliance, and consent in place?
✅ Are tools in place for data storage, access, and pipeline management?
✅ Is collaboration established with DS/ML and MLOps teams?

Next Step: Use this checklist during project discovery or model scoping phases to flag risks early and
align stakeholders.

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