Can algorithms help improve hiring?

For example, came across this recently: http://higherteams.com/

Curious what HN thinks about whether this would add to the hiring process, if companies would actually use it, how results would be weighed in making a decision vs. other factors, etc.

On one hand, hiring seems like far too human of a process to let algorithms decide... but then again, we've said that about a lot of processes that have since been replaced by technology.