Earlier quoted context omitted.
Hundreds of good applicants can’t be whittled down to a dozen without being very picky about things in the resume which may just be a poor representation. You will bias heavily along some kind of axis, preferred previous employers or location, age, etc. You add a lot of bias into the system by trying to further scrutinise otherwise meaningfully qualified people on paper.
Yes, people don’t realize that’s why a lot of desirable jobs/grad schools become filled with people from top universities and previous employment. Pedigree is probably the lowest hanging fruit when it comes to shaving off a good chuck of applicants to a level that at least you know would be adequate.
Do not mix up opportunity and capability.