CEO vs so called "mini CEO"

So is product management really not a requirement alone as a role and people from different teams can take those responsibilities , although it happened but still you require someone as a 50% generalist and 50 specialist depending on the technology and product and if going by this logic then CEO is also doing a job which can taken by anyone and same as chief marketing officer and chief business officer also only CTO is something that makes sense

I am reading very often that the craze around product management is too much and this career is not worth the hype. Adding on to that it has huge supply of PMs and many of PMs are underpaid. Is it true?

Consultant, Investment Banking went from sought after careers to fads post 2008 crisis when the world realized that these folks are crooks due to their role in propogating the Great Financial Crisis. Given the backlash tech companies has been getting and global layoffs, will Product Manager also become a passing fad?

1. High pressure on timelines- business and top management shits on you if you don’t deliver on time 2. No power to control the outcome- engineers don’t listen to you neither does the design or analytics team, you end up begging for resources 3. Too much politics- business or a senior PM can steal your bandwidth anytime 4. Lack of recognition- if it succeeds business did it, if it fails it is product teams fault (engg never gets blamed for shit)

Note - I am a product manager too 4 out of 5 product managers will act all high and mighty of themselves, bragging their way as if they run everything going on in the company, flaunting their business degrees and being utterly disrespectful towards their team( dev design qa name it), Recently started going to office so the attitude I am seeing is very transparent and more visible (more with the higher experience folks) It makes me wanna leave this hyper inflated role, thinking of I will end up like them scares me, and you have to do is speak out jargons in meetings day in day out and have a English accent of Shashi Tharoor. Recently my manager told that this is a role where you have to very representable or very visible and act in floor as if you are the busiest person on earth and I seriously some PMs in company doing that, they walk so fast in floor as if they will fall off or would be better to have 4 legs.

Same as title. Wanted to understand the day to day duties of a Program Mgr in Amzn. Do they have any decision making powers, do they get involved in designing business/tech logic or it's simply a fancy courier service ?

Can PMs here please describe their day to day work? What kind of things do you work on? What scale of products/users do you deal with? Likes and dislikes about being a PM?