Jaw tooth to scroll engagement is essentially single point contact in the middle for all sroll chucks so the teeth probably aren't significantly weaker. Especially not in smaller sizes.
In practice the major disadvantage from the user perspective is needing to change the jaw positions when going from inside to outside mode and viky versa. Far too much confusion potential, especially on the shop floor.
Making the things has to be considered too. Obviously harder to do a dual purpose set of jaws and maintain reasonable concentricity both ways. Remember both sides of the steps have to be good both ways round.
Nothing impossible but it all adds up. When two sets of jaws is the standard that everyone is used to and the manufacturing is sorted there is little incentive to change unless the bidirectional jaws have significant cost or performance advantages. Generally seems to have been seen as a cheaper expedient for small chucks so quality suffered a bit making the idea even more niche.
If bidirectional jaws had been the original standard odds are two sets would have been the niche.
Clive