Agentic AI in Product Management: A Co-Evolutionary Model

Author: Nishant A. Parikh
Institution: Capitol Technology University
Type: Conceptual framework paper (integrative review of 70+ sources)

Core Argument

Traditional product management frameworks assume human-centered, linear workflows. Agentic AI, characterized by autonomy, goal-driven behavior, and multi-agent collaboration, requires reconceptualizing the PM role from process gatekeeper to orchestrator of intelligent ecosystems.

Key Framing

The paper proposes a “co-evolutionary model” grounded in three theoretical lenses:

  • Systems theory: viewing products as embedded in broader stakeholder/market ecosystems
  • Co-evolutionary theory: mutual adaptation between humans and AI over time
  • Human-AI interaction theory: trust calibration, mental models, adaptive interfaces

Transferable Insights

The Execution Gap

  • 92% of companies plan to increase AI investment over three years (McKinsey 2025)
  • Only 1% consider themselves “mature” in AI deployment
  • 80%+ of AI projects fail to deliver expected outcomes

Taxonomy: Generative AI → AI Agent → Agentic AI

  1. Generative AI: reactive, produces content when prompted, no independent objectives
  2. AI Agent: adds tool use, function calling, sequential reasoning, limited autonomy within bounded scope
  3. Agentic AI: multiple specialized agents collaborating, persistent memory, dynamic task decomposition, emergent behaviors in unstructured environments

The Automation-Augmentation Paradox

From Raisch & Krakowski (2021): Automation and augmentation aren’t separate strategies, they’re intertwined aspects of a paradox. PMs must design products that balance both rather than choosing.

Role Evolution

PM shifts from:

  • Process gatekeeper → Ecosystem orchestrator
  • Direct control → Enabling responsible autonomy
  • Decision-maker → Designer of behavioral guardrails and ethical frameworks

Distributed Agency

Agency is not a binary trait held by humans or machines, it’s a distributed function of aligned goals, robust oversight, transparent processes, and collaborative intelligence.

Stage-Gate Mapping

The paper maps agentic AI capabilities across product lifecycle:

StageAgentic AI Role
DiscoveryAutonomous market sensing, proactive customer insights
ScopingGenerative ideation, automated prototyping
Business CaseDynamic market sizing, automated scenario planning
Development/TestingCode generation, intelligent test orchestration
LaunchAutomated deployment, proactive performance monitoring

Limitations Noted

  • Framework is conceptual, not empirically validated
  • Focus on software/tech-intensive organizations limits generalizability
  • Long-term trajectory toward AGI raises open questions about human role

Extracted Content

05-atom—agentic-ai-definition05-atom—co-evolution-human-ai07-atom—execution-gap-ai-maturity05-atom—automation-augmentation-paradox07-molecule—pm-as-ecosystem-orchestrator05-molecule—generative-agent-agentic-comparison

Garden Notes

This source connects to:

  • SECI framework work (AI handles explicit knowledge combination)
  • RAND governance research (matching mechanisms to technology characteristics)
  • Human-centered AI interface design principles