Is AI bot trading legit?

Is AI bot trading really a legitimate way to invest in the cryptocurrency market? I've heard mixed reviews about its effectiveness and reliability. On one hand, some say it's a game-changer that can provide significant returns by making quick, data-driven decisions. On the other hand, others warn about the potential risks, such as market manipulation and lack of human intuition. Can you shed some light on this and help me understand the pros and cons of using AI bots for trading?