Of course! There are always edge cases, but I would suspect the number of bots signed by reputable keys to be near 0%, and the honest human score in this trust graph to be well over 90%.
Compare to how much we should trust any random unsigned key signing commits, or unsigned commits, in which the trust should be 0% unless you have reviewed the code yourself.
The problem is all it really takes is one edge case to successfully break a web of trust to the point that the web of trust becomes a blind spot. Instead of distrusting everybody (which should be the default) the web of trust attempts to create a 'walled garden of trust' and behind that wall everybody can be friendly. That gives a successful attacker a massive advantage.