Why even a very short fade helps
A hard cut in audio slices the waveform wherever it happens to be, and if that is not near zero the sudden jump is reproduced by the speaker as a click or thump. A fade of even a few milliseconds removes it entirely, which is why short fades at every edit point are routine in audio work. Longer fades are a different, aesthetic decision: half a second to a second for speech, and several seconds for music, where the ear expects a phrase to resolve rather than to be cut off.