A bot posting articles from your favourite news site is actually useful. A bot which prints out Trump's tweets, burns them and then tweets out the video [@burnedyourtweet] is mildly amusing (and some pretty smart engineering). A bot which automatically replies to every tweet by $personality with a meme is usually an 'orrible troll, but occasionally amusing and often owned by someone who's very convinced the First Amendment applies to Twitter. A retweet bot which does a plausible impression of an angry Trumper might be indistinguishable from the real thing without investigating its network, and I don't think eliminating the real thing would be a great move for Twitter to make.
The other reason is that Twitter's review process is more or less completely random in its responses (I'm reminded of the girl that reported literally the same abusive tweet directed at her from three troll accounts, and received a different response for each one)
This community driven ranking seems like the best solution to low quality bots posting. A modding driven centralized editing process comes with plenty of issues, as we've seen on Reddit. And yes Bot's provide plenty of value, far outweighing some niche political accounts making the rounds.
I have plenty of fake 'bot' followers, and 99.9% of their followers are other bot. It's largely a bunch of bots tweeting to other bots.
The main risk is hashtags being gamed and people buying voting rings/followers... which has been a problem on the internet forever.