Steemit seems to be all about cashing in and it's getting more and more like that every day. It's shortsighted but it is how people today think.
I don't think that bots are a bad thing. What I think is bad is pretending they're real people with real opinions because that makes blogging rather pointless and on a blogging platform that generates its value via artistic input, that's like poisoning the golden goose. Probably why the quality isn't there and so many Steemians stop posting after awhile.