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The Indicator

Why there are roving rotisserie chicken mobs

9 min episode · 2 min read
·
Anne Crowley,Anna Kovner,Michael Baker

Episode

9 min

Read time

2 min

Topics

Career Growth, Investing, Fundraising & VC

AI-Generated Summary

Key Takeaways

  • AI Hiring & Disability: Audio-only AI job interviews may reduce visual discrimination for blind candidates, who face a 70% unemployment rate globally due to hiring bias. However, AI systems show documented difficulty processing certain accents, creating potential new disadvantages for non-native English speakers.
  • M2 Money Supply Defined: M2 measures total money in circulation across three tiers: physical currency, checking accounts (M1), plus certificates of deposit and money market funds. Understanding which tier your assets fall into helps contextualize Federal Reserve policy announcements affecting broader economic conditions.
  • Fed Purchases vs. Retirement Risk: When the Fed buys Treasury bonds, it expands M2 but does not directly reduce retirement account values. The Federal Reserve Bank of Richmond confirms interest rate decisions, not bond purchases, are the primary mechanism affecting retirement portfolio performance across asset classes.
  • Rotisserie Chicken Shortage: Demand for warehouse-store rotisserie chickens has surged because the product remains one of few grocery items that has not experienced significant inflation. Supply chain disruptions from severe weather compound the problem, but sustained consumer demand driven by cost-consciousness is the dominant factor.

What It Covers

The Indicator answers three listener questions covering AI hiring bias for blind job candidates, how the Federal Reserve's M2 money supply works and its effect on retirement accounts, and why rotisserie chickens are increasingly scarce at warehouse stores.

Key Questions Answered

  • AI Hiring & Disability: Audio-only AI job interviews may reduce visual discrimination for blind candidates, who face a 70% unemployment rate globally due to hiring bias. However, AI systems show documented difficulty processing certain accents, creating potential new disadvantages for non-native English speakers.
  • M2 Money Supply Defined: M2 measures total money in circulation across three tiers: physical currency, checking accounts (M1), plus certificates of deposit and money market funds. Understanding which tier your assets fall into helps contextualize Federal Reserve policy announcements affecting broader economic conditions.
  • Fed Purchases vs. Retirement Risk: When the Fed buys Treasury bonds, it expands M2 but does not directly reduce retirement account values. The Federal Reserve Bank of Richmond confirms interest rate decisions, not bond purchases, are the primary mechanism affecting retirement portfolio performance across asset classes.
  • Rotisserie Chicken Shortage: Demand for warehouse-store rotisserie chickens has surged because the product remains one of few grocery items that has not experienced significant inflation. Supply chain disruptions from severe weather compound the problem, but sustained consumer demand driven by cost-consciousness is the dominant factor.

Notable Moment

A 95-year-old former professional dancer in Rotterdam, New York described waiting in what she compared to a Soviet bread line at BJ's Wholesale Club, then joining a crowd that rushed newly arrived rotisserie chickens.

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Episode Transcript

NPR. This is The Indicator from Planet Money. I'm Darien Woods. I'm Waylon Wong. And I'm Adrienne Ma. And we're here today to discuss rotisserie chickens. Oh, finally. I love a rotisserie chicken, but we're actually here to tackle your listener questions. So today, we're looking at what the heck the m two money supply is, how AI chatbots affect blind or low vision people, and whether rotisserie chickens are actually more difficult to buy. Oh, so so we are talking about rotisserie chickens. This message comes from Mint Mobile. This holiday season, stop overpaying for wireless and switch to Mint. Shop 50% off unlimited plans at mintmobile.com/switch. Limited time offer. Upfront payment of $45 for three months, $90 for six months, or $180 for twelve months. Taxes and fees extra. Initial plan term only. Above 35 gigabytes, network may slow when busy. Capable device required. Availability, speed, and coverage varies. See mintmobile.com. This message comes from Mint Mobile. This holiday season, stop overpaying for wireless and switch to Mint. Shop 50% off unlimited plans at mintmobile.com/switch. Limited time offer. Upfront payment of $45 for three months, $90 for six months, or $180 for twelve months. Taxes and fees extra. Initial plan term only. Above 35 gigabytes, network may slow when busy. Capable device required. Availability, speed, and coverage varies. See mintmobile.com. Our first listener question comes from Haya Simkin. And I am from Haifa, Israel. I just listened to your episode on getting interviewed with a chatbot. I've heard repeatedly that seventy percent of blind people worldwide who are capable of working don't get hired because of the stigma. Would a chatbot help to eliminate this bias? Okay. When we did our episode on these chatbot interviews, I remember the takeaway being surprisingly positive that AI job interviews led to better hiring outcomes. People felt less discriminated against. Although, we did not talk explicitly about blind candidates. That's right. So we took this question to our original source for that episode, Brian Jabarian. As a reminder, Brian is a fellow at the University of Chicago School of Business, and he says he hasn't specifically researched how blind candidates do in AI interviews. But it is possible that a blind candidate might face less discrimination if the AI interview is voice only. They remove visual cues. So on that front, we could say that there is some potential for AI to reduce some form of, like, visual discrimination. Now that's if the interview is audio only. But then what about if the candidate has a certain accent or a really high voice or something that the AI might be trained to dislike? Well, here again, he says there's a a lack of research, so it's hard to predict how a job candidate's vocal characteristics might be judged by an AI interviewer. Though interestingly, there is some research suggesting AI has a harder time understanding certain kinds of accents and non native English speakers. So, Haya, I hope that partially answers …

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