BREAKING NEWS.

WE HAVE THE SAN FRANCISCO FED

PRESIDENT MARY DAILY MAKING SOME

COMMENTS RIGHT NOW THAT ARE

HITTING THE TAPE AND I THOUGHT

THIS ONE WAS PRETTY INTERESTING.

SHE SAYS THE U.S. LABOR MARKET

HAS BEEN NOTHING SHORT OF

EXTRAORDINARY.

YES, WE HAVE HAD GREAT JOBS

NUMBERS.

I THINK THAT'S IMPORTANT TO

BRING YOU, THAT A FEDERAL

RESERVE, SHE IS HEAD OF THE SAN

FRANCISCO BANK, IS SAYING THAT

BECAUSE IT'S GOOD NEWS.

>>> ALL RIGHT.

I WANT TO ALSO SHOW YOU THIS.

HAVE YOU SEEN "TIME" MAGAZINE

COVER STAR FRESHMAN

CONGRESSWOMAN ALEXANDRIA

OCASIO-CORTEZ?

SHE'S GETTING MASSIVE ATTENTION,

I MEAN SHE'S ON "TIME" MAGAZINE

AND SHE'S NOT EVEN RUNNING FOR

PRESIDENT.

ALL RIGHT.

WHAT ABOUT THIS GUY?

A BUSINESSMAN, ANDREW YANG, WHO

IS RUNNING ON THE DEMOCRATIC

TICKET IN 2020 FOR PRESIDENT.

WHY ARE WE BRINGING HIM TO YOUR

ATTENTION?

BECAUSE HE'S RUNNING AND SAYS,

THIS IS PRETTY MUCH HIS

PLATFORM, HE QUOTE FEARS FOR THE

FUTURE OF OUR COUNTRY.

HE SAYS ROBOT SOFTWARE AND

ARTIFICIAL INTELLIGENCE HAVE

ALREADY DESTROYED MORE THAN FOUR

MILLION U.S. JOBS AND IN THE

NEXT FIVE TO TEN YEARS, THEY

WILL ELIMINATE MILLIONS MORE.

OUR NEXT GUEST IS ALSO A

BUSINESSMAN WHO MIGHT DISAGREE.

ZIP RECRUITER, YOU KNOW THIS

NAME, RIGHT, IT CONNECTS

MILLIONS OF BUSINESSES WITH JOB

SEEKERS AND IT'S DOING THAT WITH

THE HELP OF ARTIFICIAL

INTELLIGENCE, SMART MATCHING

TECHNOLOGY.

ZIP RECRUITER CEO JOINS US IN A

FOX BUSINESS EXCLUSIVE.

GREAT TO HAVE YOU, IAN.

HOW DOES SMART MATCHING WORK,

THEN WE WILL GET TO WHAT MR.

YANG SAYS.

>> WELL, IT USED TO BE IF YOU

WERE AN EMPLOYER LOOKING TO HIRE

SOMEONE, YOU WOULD POST A JOB

AND THEN HOPE FATE BROUGHT THE

RIGHT CANDIDATE TO THE AD THAT

YOU POSTED.

NOW THE ALGORITHMS THAT WE HAVE

CREATED WILL INSTANTLY GO

THROUGH ALL OF THE ACTIVE JOB

SEEKERS IN THE MARKET, IDENTIFY

THE VERY BEST FIT FOR THE JOB

YOU HAVE POSTED, AND LET THEM

KNOW THAT THAT JOB JUST WENT

ONLINE.

LIZ: SO IT'S A HIRING TOOL AND

TALK ABOUT HOW IT ACTUALLY

WORKS.

IT PROBABLY SIFTS THROUGH

RESUMES LOOKING FOR KEYWORDS?

>> IT'S WAY BEYOND LOOKING FOR

KEYWORDS.

THIS IS A TYPE OF SOFTWARE THAT

USES ALL THE INFORMATION BOTH IN

THE JOB AD AND THE RESUME PLUS

ALL OF THE ACTIVITY THAT JOB

SEEKERS EXHIBIT WHEN HE OR SHE

IS SEARCHING FOR A JOB, AND IT'S

LOOKING AT THE ENTIRE POPULATION

TO SEE OTHER JOB SEEKERS WHO

LOOK LIKE THAT JOB SEEKER.

IT'S THE SMARTEST ALGORITHM

THAT'S EVER BEEN BUILT.

LIZ: OKAY.

ANDREW YANG TOTALLY DISAGREES.

THIS IS A NAME THAT MANY

AMERICANS MIGHT NOT KNOW BUT

HE'S RUNNING FOR PRESIDENT.

HE'S A BUSINESSMAN.

HE'S NOT AN IDIOT.

HE'S CERTAINLY A SMART GUY.

WHAT HE'S SAYING IS RESONATING

WITH SOME PEOPLE WHO FEEL THEY

HAVE ALREADY BEEN REPLACED BY

A.I., ARTIFICIAL INTELLIGENCE,

BUT WHAT IS YOUR COUNTER TO

THAT?

WHAT DO YOU HAVE TO SAY ABOUT

HIS CONCERNS?

>> WELL, LET'S BE CLEAR.

TECHNOLOGY IS ALWAYS BOTH

DESTROYING AND CREATING NEW

JOBS.

I CHALLENGE YOU TO LOOK AT ANY

POINT IN HISTORY AND FIND A TIME

WHEN TECHNOLOGY CREATED LESS

JOBS THAN IT DESTROYED.

LIZ: THE INDUSTRIAL REVOLUTION

WAS ACCUSED OF PROBABLY DOING

THE SAME THING.

>> ABSOLUTELY.

SO YES, THERE IS NO MORE

TELEPHONE SWITCHBOARD OPERATORS

OR SEAMSTRESSES OR DATA ENTRY

CLERKS.

BY THE SAME TOKEN, WE NOW HAVE

AN APP STORE WHERE IT'S AN $80

BILLION ECONOMY AND 300,000

PEOPLE MAKE THEIR FULL-TIME

LIVING.

LIZ: HERE'S THE PROBLEM.

IT'S ALREADY BEEN PROVEN THERE

IS EVIDENCE THAT H.R. RESUME

SIFTERS ARE BIASED.

THEY ACTUALLY TAUGHT THEMSELVES

TO DISLIKE WOMEN CANDIDATES.

WE CAN PUT UP ON THE SCREEN

THINGS THAT A.I., AMAZON HAD A

PROBLEM WITH ONE OF ITS BETA

THINGS ACCORDING TO REUTERS.

IT STARTED TO SPIT BACK AND

REJECT RESUMES THAT HAD THE WORD

WOMEN AND WOMEN'S, ALL WOMEN'S

COLLEGES, THE WORLD SYNERGY AND

DUTIES, BUT IT LIKED WORDS THAT

MALE CANDIDATES TEND TO USE SUCH

AS EXECUTED, CAPTURED, RESULTS.

HOW DO YOU MAKE SURE AND ENSURE

THAT THERE ISN'T GENDER BIAS

WITH A.I.?

>> WELL, UNCONSCIOUS BIAS OR

GENDER BIAS OR AGEISM OR

WHATEVER BIAS YOU WANT TO TALK

ABOUT, IT'S PERVASIVE THROUGHOUT

OUR SOCIETY.

HONESTLY, IT'S A REALLY

CHALLENGING PROBLEM.

THERE IS NO ONE SIZE FITS ALL

SOLUTION FOR IT BUT OUR CHOICES

ARE SIMPLE.

EITHER WE CAN TRY TO RETRAIN

EVERYONE IN SOCIETY TO

UNDERSTAND THEIR OWN UNCONSCIOUS

BIAS AND HOPEFULLY ELIMINATE IT,

OR WE CAN GO TO THESE ALGORITHMS

BECAUSE WITHIN THE ALGORITHMS WE

GET TO MAKE CHOICES.

WE GET TO SAY THINGS LIKE I'M

GOING TO MAKE THE WORD WAITER

AND WAITRESS THE SAME ON EVERY

RESUME.

LIZ: YOU GUYS ARE NUMBER ONE

APP, ZIP RECRUITER THE NUMBER

ONE APP FOR IOS AND ANDROID.

WHAT ARE YOUR TOP PAYING JOBS

THAT ARE OPEN RIGHT NOW?

I PROMISED MY VIEWERS ON TWITTER

THAT WE WOULD TALK ABOUT THESE.

>> WELL, FIRST OF ALL, THIS IS A

GOLDEN AGE TO BE A JOB SEEKER.

THERE ARE COUNTLESS JOBS THAT

ARE UNFILLED RIGHT NOW THAT PAY

ANYWHERE FROM MIDDLE CLASS TO

UPPER MIDDLE CLASS SALARIES.

LIZ: WE HAVE EMERGENCY PHYSICIAN

FOR $147,000, NURSE, SENIOR DATA

MODELER, SOFTWARE ENGINEER.

>> YES.

TECH AND HEALTH CARE ARE BOOMING

CATEGORIES.

IN PARTICULAR, HEALTH CARE.

WE HAVE AN AGING POPULATION

THAT'S GETTING OLDER THAN IT HAS

EVER BEEN WHICH MEANS THERE IS

MASSIVE DEMAND FOR NURSES AND

ALL THE SURGICAL SERVICES THAT

GO WITH PEOPLE WHO GET TO AN

OLDER AGE.

THEN IN TECH, THE FASTEST

GROWING JOB CATEGORY IN AMERICA

AND WILL CONTINUE TO BE SO

PROBABLY FOR THE REST OF OUR

LIFETIMES.

LIZ: NOT NEWSCASTER?