This is the perfect way to describe what I think will happen imo.
We've entered a new meta game where many of our methods of authenticating merit are broken with text generating AI because those methods rely on text. Think cover letters, resumes, essays etc.
Text based authentication of merit was always broken, but now its extremely broken. Until we develop better methods we will have to view everything text based with doubt.
Perhaps the silver lining is now there is a strong incentive to measure merit not written word, which was never a great proxy of merit in cases like job applications, essays, exams etc.
For that matter neither is interviewing a good proxy for merit, so it makes me wonder how society will deal with this. Otherwise the risk of a great enshittening is very high.