According to Gartner, only a select few automakers will be able to maintain their artificial intelligence (AI) initiatives due to the high costs and complexity involved. The research firm predicts that by 2023, less than 10% of automakers will have the necessary resources to continue investing in AI technologies.

AI has become increasingly prevalent in the automotive industry, with companies using it to develop autonomous vehicles, enhance driver assistance systems, and improve overall efficiency. However, Gartner warns that many automakers may struggle to keep up with the rapid pace of AI advancements, leading to a widening gap between industry leaders and laggards.

The high cost of AI implementation, coupled with the need for specialized talent and infrastructure, presents significant challenges for automakers looking to stay competitive in the market. Gartner recommends that companies focus on developing strategic partnerships, investing in AI training for employees, and leveraging data analytics to make informed decisions about their AI investments.

Read more at Investing.com: Only a few automakers to keep up AI push, Gartner says