Totally agree, but I think it's far more sinister than you realize.
The idea is not to sell a garbage assessment that schools will have no interest in. I think the idea is to gather data to create an algorithm to screen us pre-II. I believe this because this is the big product sold by HireVue, the company behind VITA, that AAMC thankfully abandoned this year. Snapshot is Altus' flavor of VITA.
A one way prerecorded interview otherwise has zero value in a process that includes multiple essays, grades and standardized test scores, extensive recitations of ECs, and live interviews. AI screens of one way candidate videos are widely used in the HR world. I don't think they are appropriate for screening applicants to enter an educational program, as opposed to those applying for a job, where they might have some value, but I see how an adcom could be receptive to a pitch how this could help them efficiently work through 10,000 applications for 100 seats in a class.
Either way, I think it is extremely offensive for Altus to try to force us to be their guinea pigs, and, rather than be compensated, actually be forced to pay for the privilege as part of the Altus Suite. Thankfully, most schools do not seem to be going along. Altus seriously overestimated our willingness to just go along when they said this crap was "required" by all US MD programs using CASPer.
It would be even better if the schools would reward Altus for the sleazy, sneaky way they are going about this by dropping CASPer as well, and just sticking to MMIs, to the extent they feel there is any value at all to these types of assessments. I hate that I am being forced to give Altus a dime as a condition of being allowed to apply to certain schools, but that's clearly a fight for another day.