Why some companies are using algorithms for hiring

There’s a new study out from the National Bureau of Economic Research which suggests that algorithms may be better at picking the right employee than hiring managers are — at least when it comes to employee retention. But according to Bloomberg’s Rebecca Greenfield, hiring managers shouldn’t necessarily be scared of algorithms. “I think they should think of them as their friends,” Greenfield said.

Click the above audio player to hear Greenfield’s conversation with Marketplace host Kai Ryssdal about the advantages of algorithms.