I think it depends on the company. In large companies, the role of PM probably won’t change that much. However, PMs who are technical and hands-on can bring significantly more value by leveraging AI tools.
There’s another path for PMs that the article and most of the comments don’t seem to mention.
Technical PMs are now in a great position to start their own companies. In the past, many were blocked or handicapped by the inability to code. With AI-assisted development, that barrier is much lower, which gives them a lot more leverage to build products themselves.