<ul data-eligibleForWebStory="true">Product Owners and Product Managers (PO/PMs) must balance AI's potential with its risks, such as bias and compromised data.Implementing guardrails like data privacy, human value preservation, output validation, and transparent attribution is crucial.AI presents ethical challenges for Product Backlog Management, demanding a structured approach for product leaders.Unchecked AI use can lead to biased user stories, compromised stakeholder data, and erosion of empathy in PO/PM roles.Guardrails aim to ensure AI is a responsible co-pilot, not an untrusted autocrat, in product development.Product leaders need to safeguard the product's integrity and maintain human value while harnessing AI's benefits.Data privacy, human value preservation, output validation, and transparent attribution are key guardrails for ethical AI use.PO/PMs need to lead with confidence and integrity, integrating AI as a tool under their strategic guidance.By implementing these guardrails, product leaders become ethical AI leaders, combining AI power with human judgment and empathy.The article qualifies for web story generation with its actionable insights on navigating ethical challenges in AI-driven product management.