$\newcommand{\Cpx}{\mathbf{C}}$Context suggests you're asking about inner products in a (finite-dimensional) complex vector space and asking why the usual definition imposes conjugate symmetry rather than the symmetry imposed for real inner products.
Let's look at the situation in $\Cpx$, writing $A = x + iy$ and $B = x' + iy'$ with $x$, $y$, $x'$, and $y'$ real. The "symmetric" (or complex-bilinear) definition of the inner product is
$$
AB = (x + iy)(x' + iy') = (xx' - yy') + i(xy' + x'y).
$$
By contrast, the "Hermitian" (or "conjugate-linear") definition is
$$
A^{*}B = (x - iy)(x' + iy') = (xx' + yy') + i(xy' - x'y).
$$
Suppose we're looking for a generalization of the real inner product. Which should we pick?
For the first, neither component (real or imaginary part) is the Euclidean dot product. For the second, the real part is the Euclidean dot product under the obvious identification of $\Cpx$ with the real plane. Score one for conjugate-linearity.
There's a fringe benefit to the second: The imaginary part is another friend of ours, the determinant or area form in the plane.
These observations generalize for complex vectors with $n > 1$ components, i.e., to the complex vector space $(\Cpx^{n}, +, \cdot)$: The real part of the conjugate-linear inner product is the Euclidean dot product on the real vector space $\Cpx^{n}$, and for free we pick up interesting extra structure (a skew-symmetric real-bilinear function) in the imaginary part.
Since an arbitrary finite-dimensional complex vector space is isomorphic to a complex Cartesian space, it's natural to adopt conjugate-linearity when we define an inner product on a vector space with complex scalar multiplication.
Added: In addressing why we prefer Hermitian symmetry for complex inner products, I may have missed the motivation about "What do we lose if an inner product is indefinite (but non-degenerate)?"
The edits to the question mention linear-algebraic properties we lose with an indefinite inner product. Another is "homogeneity of direction": In a Euclidean space (positive-definite inner product), for each pair of lines through the origin there exists a linear isometry carrying one line to the other.
When we have an indefinite inner product, this is no longer the case; we have homogeneity on the sets of "positive" lines, of "null" lines, and of "negative" lines. That in turn means some lines through the origin do not hit the unit sphere.
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This is getting a little far afield, but from my perspective as a geometer, the great "loss" in dropping positivity is not linear-algebraic but topological: In an indefinite inner product space we lose compactness of the unit sphere.
Here's a basic example of the resulting complications: Suppose $(M, g)$ is a compact manifold equipped with a Riemannian metric (positive-definite at each point). At each point, the sphere of unit vectors is compact. Consequently (because local product structure), the unit sphere bundle is compact. Now, unit-speed geodesics of $(M, g)$ may be viewed as integral curves of a unit vector field on the unit sphere bundle. Compactness of the unit sphere bundle ensures completeness of the flow: On a compact Riemannian manifold, geodesics exist for all time.
On a compact indefinite (pseudo-Riemannian) manifold, however, geodesic flow can be incomplete. Einstein Manifolds by A. Besse contains an example of a Lorentz-signature metric on an ordinary $2$-torus with this property. If the light cones (null directions of the metric) tilt suitably from point to point, there is a unit-speed timelike geodesic that in finite time winds infinitely many times around the torus.
This isn't to say mathematicians can't work with indefinite metrics, just that doing so is technically more challenging, and some properties of positive inner products do not generalize to indefinite non-degenerate inner products.