In an intelligent era with informationization, artificial intelligence (AI) technology has been applied to the development and design of various products. Applying AI technology in the product development process has unique advantages. It could not only effectively enhance the process of product development and design, but also develop more creative products and improve production efficiency. However, AI technology would also face many risks during the process of product development, such as privacy and information leakage, technical risks, legal and moral risks, etc., which would limit the development of AI technology enabled products to a certain extent and bring losses to enterprises. In this paper, we discuss the value of using AI technology in product development through a preliminary introduction to AI technology and its characteristics. Risks faced in the process of AI technology product is also analyzed. Besides, we also put forward corresponding strategies to deal with the risks that arise in the development process of AI technology enabled products, so as to further optimize the development process of AI technology enabled products and enhance the efficiency of product development.

Yanwen Qiu. Research on Risk Management of Product Development Process with Artificial Intelligence Technology. Academic Journal of Business & Management (2024) Vol. 6, Issue 1: 168-172. https://doi.org/10.25236/AJBM.2024.060124.

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