4.5 • 808 Ratings
🗓️ 28 August 2025
⏱️ 6 minutes
🧾️ Download transcript
Three years ago, then-President Biden signed the CHIPS and Science Act into law, with hopes of giving the U.S. semiconductor industry a boost amid strategic competition with China. Since then, the federal government has been funneling billions into the sector, including STEM education investments. Yet, according to a new study, there’s still a shortage of skilled workers to fill critical chip production jobs. But first, a recent grad reflects on automation in the job-hunting process.
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0:00.0 | What if President Trump's central bank wish came true from Marketplace? I'm Sabri Beneshore, in for David Brancaccio. |
0:09.6 | First off, the Federal Reserve Governor Lisa Cook has filed a lawsuit arguing President Trump doesn't have the authority to fire her and that he violated federal law when he tried to. |
0:19.8 | There will be more to come on that. |
0:22.0 | Technology has made it so much easier to apply for a lot more jobs. Before it was digital job boards, |
0:28.3 | now AI helps people tweak their resumes and cover letters in seconds and then blast them out, |
0:33.8 | practically automating job application. But AI has also helped employers automate, |
0:39.2 | sorting through all those applications. Our friends over at Marketplace Tech have been reporting |
0:43.5 | on the tradeoffs involved when AI meets the job search. Marketplaces Megan McCarty Carrino |
0:48.8 | spoke with Oliver Golden Egan about his ongoing job search. I have not gotten traction on any applications that I have not had some sort of personal |
0:56.7 | connection to. |
0:57.9 | He graduated from Pomona College on scholarship last year. |
1:01.6 | After interning at Harper's Magazine, he's been looking for full-time work in publishing. |
1:06.5 | He usually tries to cold contact an employee of his target company so he can send his resume via |
1:11.9 | email. He's even thought about delivering application materials on paper in person. |
1:17.9 | I don't come from a background that's necessarily like replete with those kinds of connections. |
1:23.1 | My mother's a housekeeper. |
1:24.6 | AI application systems are often sold as fixes to the traditional biases |
1:29.7 | in hiring. But Princeton computer science professor Arvin Narayanan says they introduce new unfairness. |
1:36.8 | The experience that we put these job seekers through, right, being interviewed by a robot, |
1:41.8 | essentially, I think it's kind of a violation of basic dignity. |
1:45.7 | He says there's little evidence. |
1:47.2 | AI can accurately predict who will excel at a job in most cases. |
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