Are Product Managers Becoming the New Tech Unicorns?

Junior developer hiring is down 67% in tech. Meanwhile, product managers with basic technical skills are quietly building entire products solo. Here's what we’re seeing:

The New PM Superpower Stack:
AI coding tools → MVP in day/weeks, not months
No-code platforms → Full-stack solutions without engineering teams
Design AI → Professional interfaces in hours
Analytics tools → Data-driven decisions in real-time

Real example: Our PM in Brazil just shipped 6 MVPs in 6 months for a California client. Each one solving actual user problems. He's not a developer. He's not a designer. He's not a data scientist.But he speaks enough of each language to orchestrate AI tools like a conductor with a digital symphony.

The shift is obvious: One AI-literate PM can now replace an entire cross-functional team - and ship faster.

But here's the catch: Most PMs are still thinking in waterfall while the world moved to AI-speed. They're managing backlogs instead of shipping products.

The winners? PMs who stopped managing and started building. The time has come for PMs who stop managing and start making.

Are PMs the new technical founders? Or are we ignoring the hard truths about scalability and engineering depth?

ps. also check out our friends Sebastian Chedal and Carlos Muñoz Kampff at Fountain City™ who just launched https://testfox.ai - this is a great example of a fast product launch that didn't require a squad of developers.