"AI PM" now covers four different jobs. They don't pay the same. I read 1,177 open PM postings. 562 of them are AI PM roles. When I sorted them by what the PM actually shapes, four jobs fell out: 1. Applied AI PM • Adds AI to a product that existed before AI • Works with engineers and data science • Main output: specs, experiments, guardrails • 297 openings, $222K median base • Hiring most: Amazon, Google, Microsoft 2. AI-native PM • Builds the product at an AI-first company • Works with…