If you are the source I think they could make plenty of sense. As an example, I run a website where I've spent a lot of time documenting the history of a somewhat niche activity. Much of this information isn't available online anywhere else.
As it happens I'm happy to let bots crawl the site, but I think it's a reasonable stance to not want other companies to profit from my hard work. Even more so when it actually costs me money to serve requests to the company!