DGthe3you must have majored in either political science or philosophy.
I on the other hand majored in mechanical engineering and have been building and riding AMA, WERA and IDBA road racing and drag racing championship winning racebikes for the last 20 plus years.
It allows the vehicle to make the most use of the power available, by reading and processing data inputs faster than any human could ever hope to achieve, therefore allowing a higher level of power to be consistently applied to make forward thrust.
It's that simple.
Talk to any professional racer and he will tell you that traction control allows him to go faster by allowing him to get on the throttle sooner.
You possess the typical non racer mentality that it's a "safety net" to prevent you from wadding yourself up. You also seem to possess the misconception that a "gifted human" can consistently out perform a well set up traction control system and make a vehicle go faster without it.
I view it as a tool to maximize the performance I can wring out of a vehicle. It's a tool to make the vehicle go faster, not slower.
It allows my to build engines with more horsepower because I can harness / manage that power to increase forward thrust, and more forward thrust = speed.
If you want to bandy semantics, traction control it does this momentarily reducing power to enable the traction to be regained and then reapplies full power. It can do this hundreds of times a second. It does not however "make the vehicle slower." Without it, the vehicle could never exploit the power it has and would simply spin and stop forward thrust.
Tell you what. Go ride a BMW S1000R around the track, now disable the TC and and ride it again. You WILL go slower.