I sometimes use chat gpt to get a sense whether a college essay answers the question and is written reasonably. For that, AI adds some value, and would be helpful to admissions. So, if admissions wants to weed out the bottom 10% using AI, that might work. That is still not without some danger. AI won’t fully appreciated the less structured, creatively written, more subtle submissions. That is too bad because sometimes those are the best of all. I also fear admissions might start with 10% and, in time, be at 50%. The slippery slope is very real imo.
Overall, AI seems be able to easily weed out the flawed, but is less proficient at judging greatness.