How to Build AI Product Strategy (By OpenAI’s Product Lead)

Author: Miqdad Jaffer — Product Lead @ OpenAI, EIR @ Product Faculty Publication: The VC Corner (100K subscribers) Date: August 26, 2025

Note: Full article is behind a paid subscription wall. Summary below is from public excerpt.

Build AI products that scale profitably, retain users, and defend against commoditization.

Overview

Miqdad Jaffer (Product Lead at OpenAI) outlines a 4-part framework for AI product strategy. The core thesis: in every technology wave, there are two types of founders — those who ride the hype and get crushed under their own costs, and those who turn the wave into a moat and dominate a market for a decade.

The 4-Part Framework

The article promises a framework covering:

  1. Scalable profitability — don’t burn money on inference; design for unit economics
  2. User retention — AI products that users come back to (not just try once)
  3. Defensibility — moats against commoditization (LLM prices keep dropping)
  4. Strategy that compounds — building on your own data, network effects, and workflows

Key Takeaways (from excerpt)

  • “In every wave of technology, there are two types of founders: Those who ride the hype and get crushed under their own costs. Those who turn the wave into a moat and dominate a market for a decade.”
  • Written by someone who lives this daily as OpenAI’s Product Lead
  • Published on The VC Corner (100K subscriber newsletter)