You can't even get many people to buy things online at all and if you can it's less profitable than retail, because you need to spend a lot of money to convince people, advertise to be seen, and account for returns. I think this is also due to the factors you mention.

One quick example: In fashion, Inditex and Shein have about the same revenue (€39.9bn and $41.8bn in 2025), but Inditex is more than three times as profitable. I don't see how there is a demand for agentic commerce that would remove even more control from the customer when shopping. Part of why we shop is for the experience. For B2B producurement platforms like Alibaba I can see the appeal though.