When you writing scripts performance does not matter (in most cases).
If you care about performance 'Python vs Bash' is a false question.
Python:
+ easier to write
+ easier to maintain
+ easier code reuse (try to find universal error-proof way to include files with common code in sh, I dare you)
+ you can do OOP with it too!
+ easier arguments parsing. well, not easier, exactly. it still will be too wordy to my taste, but python have argparse facility built in.
- ugly ugly 'subprocess'. try to chain commands and not to cry a river how ugly your code will become. especially if you care about exit codes.
Bash:
+ ubiquity, as was said earlier, indeed.
+ simple commands chaining. that's how you glue together different commands in a simple way. Also Bash (not sh) have some improvements, like pipefail, so chaining is really short and expressive.
+ do not require 3rd-party programs to be installed. can be executed right away.
- god, it's full of gotchas. IFS, CDPATH.. thousands of them.
If one writing a script bigger than 100 LOC: choose Python
If one need path manipulation in script: choose Python(3)
If one need somewhat like alias but slightly complicated: choose Bash/sh
Anyway, one should try both sides to get the idea what are they capable of.
Maybe answer can be extended with packaging and IDE support points, but I'm not familiar with this sides.
As always you have to choose from turd sandwich and giant douche.
And remember, just a few years ago Perl was new hope. Where it is now.