hiring software rejecting qualified candidates

Over-reliance on software in the hiring world seems to have created a vicious cycle. Digital technology was supposed to make it easier for companies to find suitable job candidates, but instead it’s contributed to a surfeit of applicants. Companies have responded to this deluge by deploying brutally rigid filters in their automated filtering software. This has had the effect of rejecting viable candidates, contributing to the large pool of job-seekers. The use of this software has become a huge business in itself. Do you recommend software hiring as an alternative means?