People are also unlikely to return because they don't realize tracking exists. The iPhone permissions is a perfect example of this. People "knew" these apps were tracking them but didn't internalize them. When the UI changed to better highlight the tracking people did internalize it and denied it.

At the end of the day it's a team of psychologists, computer scientists, and super computers against one human. It's not a fair fight. There are plenty of dark patterns to make you not internalize the tracking. So while you're technically right, no one expects to see this happen in practice because your model isn't accounting for this.