As a developer of new things, if you allow someone else to capture this value from you, you become fungible; additionally, for your group, having technology designed to solve problems without grounded but expansive ideas of how much is possible, limits your team's ability to the mundane rather than the customer delighting. Some product folks have internalized the possibilities but some haven't.

Ideally its a mix, a good PM should understand the customer/market more than the developer has time to do, and then they can have conversations with devs about how to most effectively fill needs. In reality, these PMs seem more like unicorns rather than expected table stakes, but hey.

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