Andrew Ross Sorkin has a rundown of the various costs that come along with attending the annual meet and great at the W.E.F. (A Hefty Price for Entry to Davos – NYTimes.com). While the list of costs are long, the article implies the benefits are few. The impression I get is that Davos is like any other conference, just with more rich and powerful people. You still have the challenges anyone has with networking at such an event. Sometimes it goes really well and it is completely worthwhile. More often you think: that was fun, but what did I accomplish?
I also would not be surprised if China or Brazil or India decides to eventually have their own annual conference outside of Europe. Times are changing. We’ll see.