What's the point of reporting cheating if SE doesn't even look into it?

[Vnolan]

The best thing you can do is try to find out who their script gathers are and have them reported en mass.

And then they report you for stalking, and since GMs can deal with stalking and not bots, there is a much higher chance you receive a harsher punishment and before the botter does, if they even get one.

That's what I did with a known player who crashed a few markets in Leviathan months back until they did a world transfer most likely after getting a warning from GMs.

GMs don't deal with bots. If you showed a GM some bots doing bot things, they wouldn't be able to do anything other than send a report to the STF. The first penalty for botting is a temp ban of a few days, not a warning. What's more, if you report a bot for 100 days straight and the bot is caught on day 100, it only counts as one instance of botting. There aren't any checks placed on players caught botting, meaning if no one reports them again, they can go back to botting indefinitely.