The market is the grader.

That is: AI accelerates grade inflation and makes it harder to test skills. So, we might have to replace traditional interviews with externalized paid bounties.

You interview for a job by doing a micro-job.

As it stands, a lot of jobs already do this. Reporters are often asked to draft a story as part of the application process -- like an audition tape -- and public relations professionals are often asked to draft sample press strategy memos.

Strategic communications advisor.

Recovering politics reporter, HuffPost.

agree, and also many tech companies are already starting to move towards work trials / paid work projects before hiring

Absolutely, showcasing your skills through practical tasks is becoming more common across various industries.