Why are trading bots bad?

Are Trading Bots really all that bad? It's true that they can manipulate markets and take advantage of inexperienced traders, but isn't there a place for automation in the world of finance? On the other hand, they can also execute trades faster than humans, potentially leading to more profitable outcomes. So, what's the real story behind trading bots? Are they a necessary evil in the crypto world, or should they be banned altogether? Let's take a closer look and see if we can find some answers.