AI for product managers: Today’s top terms to stay in the know

The article discusses the growing importance of AI in various industries and how companies are adopting it to improve their products and services. It mentions Jasper, a product-led growth company that uses AI for automated marketing copy generation, which recently raised $125 million in funding. Google's acquisition of an AI avatar startup highlights the trend of incorporating AI into business strategies. The article also covers key terms related to AI and machine learning, such as classification, regression, underfitting, overfitting, cost function, loss function, validation data, models (including neural networks), parameters, hyperparameters, generative models, reinforcement learning, modern deep learning (large language models and transformers), transfer learning, and hardware accelerators. Understanding these terms is crucial for businesses looking to capitalize on the significant opportunities presented by AI.