Harvard has never been a meritocracy and never will be. It is an elite establishment and will protect the elites of the world and offer them safe harbor for 4 years. It is good of them that they removed the facade of requiring exams at all since they can now be open about choosing the future elites from the children of the current elites.
The diversity trope is just pure performative art to justify more rich elite whites. They do this discrimination while having a massive endowment and still receiving huge taxpayer handouts.