I have coached 200+ candidates through AI PM loops. 30+ landed offers. The single most common failure is not a knowledge gap. Most candidates are studying for the old test. Here is what I mean. Years ago I paused a pricing feature at ThredUp for a full quarter, because the model was producing different prices along racial lines and we could not explain why. At the time that felt like a career risk. I got promoted the next cycle. That story used to be a behavioral answer about judgment under…