a$.$ Information Communications Technology $($ICT$)$ has drastically increased productivity in the service industry.

In this example, technology is a to labor that

complement the marginal productivity of labor.

substitute

b$.$ Higher wages may lead firms to change their optimal mix of capital and labor. Over longer time horizons, firms may invest in capital that ultimately replaces repetitive tasks. Examples of this capital are self$-$checkout stands, restaurant ordering kiosks, and robotic machinery in auto factories. creating jobs for workers that can create and utilize the new technologies.

c$.$ In order to avoid being substituted for capital and position yourself for a long career, what should you focus on$?$

Position yourself to utilize, create, and$/$or own the products of new technology.

There is no avoiding the replacement of all workers by robots.

Find a career that features repetitive tasks.

Find a dependable career that has been around for awhile.