Not that I've seen it.

If you enable Cloudflare Captcha, you'll see basically no more bots, only the most persistent remain (that have an active interest in you/your content and aren't just drive-by-hits).

It's just that having the brief interception hurts your conversion rate. Might depend on industry, but we saw 20-30% drops in page views and conversions which just makes it a nuclear option when you're under attack, but not something to use just to block annoyances.