Tag technical understanding

I recently wrote about the core competencies of a Product Owner (PO). Within that text I didn´t address technical skills. This topic is large enough to warrant a dedicated post. Well, here it is. Does a Product Owner (PO) need deep technical understanding to be successful? In my view, the short answer is a clear NO for the vast majority of products. The long answer is a bit more nuanced: it depends. Overall, I do believe that technical understanding for a PO is a net positive. However, it can also lead to some negative outcomes. I will dive into the pros and cons first before addressing some general points.