To me the banding in the "lossless" (do words mean nothing anymore !?) webp pictures is super clear and looks like how I'd expect low quality JPEGs to look.
It's the same kind of artifact that makes certain movies look terrible over netflix, those that have large dark blank spaces. Maybe you shouldn't look to closely because once you see it, it'll ruin your enjoyment of certain compressed media forever.
And by the way I don't think the comparison with audiophile equipment is fair. In the audiophile case we are talking about using very similar output hardware to output what is effectively the same signal. Here we have huge differences in file size (35% and more between JPEG and WEBP, a lot more than that for true lossless), and taking diffs between them shows very much that the signal isn't the same.
There is a compression limit under which you can see it's compressed, right?
https://vole.wtf/kilogram/
So it makes sense that there is some threshold sensitivity where a picture starts appearing "lossless". That threshold is going to be different from device to device and person to person.