> it is possible that the entirety of California is built on top of one immensely large organism, and the particular spot in which the Westin St. Francis Hotel stands—335 Powell Street, San Francisco, 94102—is located directly above its beating heart. And that this is the primary organizing focal point for both the location and entire reason for the J.P. Morgan Healthcare Conference
Moscone Center tends to be the primary hub for industry conferences in the City (eg. RSA, Dreamforce, Oracle OpenWorld way back in the day), and more niche executive events are in the Four Seasons or St Regis. My hunch is that JPM has a multi-year deal with the Westin to host the conference at the Westin.
My favorite conference-that-is-not-really-a-conference is Pacific Symposium on Biocomputing. The bar to get a paper in is really low, and it's set at a nice resort in Hawaii. The whole conference would just empty out all day so people could go to beaches, etc. It starts on a Friday and ends on a Monday. About the only highlight for me was sitting down at the bar and spontaneously meeting Lynn Conway- "what do you do?" "oh, I worked on VLSI...."
Not much industry there though, unless it's changed in recent years. One of the more scientifically productive conferences because of the connections that people establish.
(Inside JPMorgan is so crowded and not so useful. I got a really really bad impression of 10X when I saw their debut at JPMorgan but that was an incorrect impression because they have done really well, mostly by not actually doing any of the products they touted at their presentation.).
Please don't mention the beast that is at the heart of SF. It does not like the publicity.
Unlikely. Everyone who visits the conference, which is on an interdimensional craft only visible to Donald Hoffman and Federico Faggin who have dreamed it up, is replaced by a mind-replicant whose memory of the conference has been wiped, right before their original self starts to play a 1234.567 hour game of Rummikub, where there are no rules and you must guess all of the tiles, on the way to a virtual conference in a space station mirage outside of what you call KOI-94 in the Exosyzygy system, because they have a nice spa there and there is a convenient proprietary video conferencing system for this part of the universe.
Either that or I’m getting it mixed up with another conference.
I suspect you are thinking of burning man
At the end, all the doctors fought to pay the bill because it was a tax write-off (business expense? I don't know how professional doctors with practices account for these things). As a grad student in SF living on $25K/year it was quite an eye-opener.
Either these doctors went to the Michael Scott School of Business or it was some other reason they were fighting over who pays.
A tax write off is only worth (dollar amount - (dollar_amount * tax rate in percent)
Example: You spend $100 and pay 30% in corporate tax. Your write off that you spent $100 for is worth $30, end result is you’re out $70.
If you let someone else pay and just pay $30 of taxes on your $100, you keep $70, which is over twice as much money as the previous scenario.
If no one else was willing to pay for the meal, having the business pay for it would save you the tax rate.
This only makes sense if it’s something like a car that you’re going to own anyways, not for fancy ass meals unless that’s how you eat anyways.
At least that is how it would work in the UK if it was allowed.
And to whom.
Funds pay thousands, often $10K+, per room at the nearby hotels, often spending hundreds of thousands to book over a dozen hotel rooms to use as makeshift conference rooms. The hotels often don't even allow people to sleep in the rooms, only to use them strictly as conference rooms.
All the real action happens in those hotel rooms, at private events, private receptions, etc.
But as me, everybody just gathered at the hot tub, nobody took part at the real sports event, we just fooled around and were happy to meet people from all around the world. Brazil, Hawaii, Germany, Canada, US. Really nice event. No idea if there even was a winner at the event. Maybe they did put something onto the web page, but nobody cared.
Part of the problem is that the conference organizers open up panels to press and panellists (including me) are then very restricted on what we can say. The panel becomes a hash of corporate sound bites which no one likes.
To counter this increasingly panels are being requested to be under Chatham House by the companies paying to attend and sponsor.
In a lot of the corporate-sponsored conferences I go to - the networking and discussions happen around the talks - some talks are good, but they are not targeted towards the decision makers: the real discussions happen in the corridors, the meeting rooms, in the parties, the after-parties and, mostly, the after-after-parties.
There are even some companies that offer this style of conferences as meetings for money to vendors.
What I wonder though: How many deals are really made in these rooms? I always had the feeling that the conversion rates were rather low if not zero.
It's not efficient. It's plausibly deniable.
People want to be able to meet and gauge interest in the most speculative stuff, discuss the far out future of industry, and discuss all manner of other things with other industry people, etc, etc, without a bunch of talking heads and twitter comment section screeching about "OMG the C-whatever-O of X met with the C-whatever-O of Y" and it being reported on and markets moving.
Like you can't just schedule a conference call with a bunch of important people at your competitors for the purpose of bitching about suppliers or something. You can do that at a conference.
This sort of writing is what AI will take from us.
1. Do you know anybody from "J.P. Morgan Healthcare Conference"?
2. Have you ever been to "J.P. Morgan Healthcare Conference"?
3. Do you know anybody who has ever been to "J.P. Morgan Healthcare Conference"?
Maybe my failure to read latent signals is why this doesn't repeat. When you do get to the elven castle, you don't remember much that happened inside, but now you're back on a quest and your donkey has more food.
I do think this stuff happens. Side deals which move markets, people who taste test in lowly techs and then advise private equity buyers to move or not. You aren't the talent, your information value informs the talent going to do their job with bigger fish.
The answer to that in San Francisco was once "meet me by the clock", which is in the lobby of the St. Francis Hotel.[1]
"There’s no easy way to sugarcoat this, so I’ll just come out and say it: it is possible that the entirety of California is built on top of one immensely large organism, and the particular spot in which the Westin St. Francis Hotel stands—335 Powell Street, San Francisco, 94102—is located directly above its beating heart."
That clock is a master clock, synchronizing the other clocks in the hotel. In the past, the synchronizing signals from that clock drove some other clocks in the downtown area. So it really is the beating heart of the city.
The clock was recently overhauled, and is acting as the master clock again. For years, the hotel's time signals were coming from an electric motor clock and then a quartz time standard. But they've reverted to the pendulum clock. Error is about 5 seconds a month.
Can't anyone donate them a retired Cesium clock? Or, at least, a GPS receiver.
I experienced the same situation at the human factors and ergonomics society (HFES) annual conference a few months ago. This was fine for me because I'm part of the (relatively small) AI/ML group at my company, which has traditionally focused on developing human factors engineering solutions and services. In fact the reason I was sent to HFES was to help bridge my background (phd in computational neuro) to the broader company mission. And to be honest I was looking forward to hearing (what I assumed was going to be) a wide diversity of talks. I mean, ergonomics... there will probably be like companies presenting next generation office chair designs or some shit, I thought. Instead I estimate that 50% of the talks were on one of three topics: AI trust, Explainable AI, or Human-AI teaming. Another 30-40% were on some other AI related issue, with the remaining 10-20% accounting for all other possible topics related to human factors and ergonomics.
I wonder what will be the repercussions from this current hyper-obsession with AI, and the resulting neglect to many other viable areas of research. I foresee a near future where chairs are packed with AI features, and are the source of much back pain.
I have a friend who fell for one. He won the Dutch "Student of the Year" award in... I think 2006. When our then-minister of education proposed to make maths more popular in high school by dumbing down the curriculum, he organized a giant STEM activity day on a nation-wide scale to popularize it. We were both physics student at the time.
Anyway, as part of the award he was allowed to pick a conference to go to. He chose one in Spain. When he arrived it turned out he had fallen for an internet scam: the conference only existed as a scam website and the money had disappeared. He still had a nice weekend with his best buddy (now husband) though, and at least it didn't cost him anything.
https://www.mysteryfleshpitnationalpark.com
https://en.wikipedia.org/wiki/Mystery_Flesh_Pit_National_Par...
I can't comment on the authenticity of JPMHC. But it's interesting to think about who might benefit from creating a similar fake and observing how the world reacts to it. Will job candidates fraudulently list it on their resumes? If people publish articles claiming to have attended, what are their incentives? If you promote the conference ahead of time, will real researchers pitch talk ideas to you?
refuser•3w ago
https://www.jpmorgan.com/about-us/events-conferences/health-...
(tfa is a fun read, regardless)