Jeff Iannucci talks about OLE Automation:
It’s rare to see OLE Automation procedures enabled on a SQL Server instance. Most folks aren’t using these specially system procedure because they didn’t have a need to use them, have a compliance requirement that prohibits using them, or they tried using them and had adverse results. As the Microsoft documentation on OLE Automation stored procedures notes:
“Don’t directly or indirectly call Automation procedures from any SQL Server common language runtime (CLR) objects. Doing so can cause SQL Server to crash unexpectedly.”
But if this setting is enabled in any of your SQL Server instances, you need to consider it similarly to the xp_cmdshell setting. By that I mean: this is probably not a problem, but you should try to figure out why the setting is enabled, and how its associated system stored procedures are being used.
I find this perfectly reasonable. There’s a lot of fear around xp_cmdshell, when in practice, it doesn’t affect security at all unless you completely mess things up and start granting rights to non-sysadmins.