🤖 Agents fail probabilistically. PM-ing them means PM-ing uncertainty.

PM AI Agents
(2026 Edition)

5 design dimensions, 5 eval basics, 4 traps for building agentic products.

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5 Design Dimensions

1.

Autonomy — how much decision-making does the agent own vs defer to the user?

2.

Tool surface — which actions can it take? More tools = more capability and more risk

3.

Context window — what history does it carry? Memory architecture is load-bearing

4.

Guardrails — what must it never do? Hard stops matter more than soft ones

5.

Observability — can you trace every decision? Without this, debugging is impossible

5 Eval Basics

1.

Task completion rate — did it actually finish the job?

2.

Trajectory quality — did it take reasonable steps, or thrash?

3.

Human intervention rate — how often does a user have to correct it?

4.

Cost per task — tokens and tool calls aren't free

5.

Latency — agents that take 2 minutes feel broken to users

4 Traps

Shipping without evals — 'looks good on demos' is not a quality signal

Letting the agent loop indefinitely — hard step limits prevent runaway costs

Hiding errors behind optimistic UI — users must know when agent is unsure

Treating hallucination as rare — plan for it as a first-class failure mode

FAQ

What's different about PM-ing AI agents vs regular software?

Three things: non-determinism means the same input can produce different outputs, so specs give way to evals; failure modes are probabilistic rather than deterministic; and quality degrades silently as models change. You spend more time on evaluation infrastructure than on shipping features.

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