Quite a few conferences are becoming very expensive. In fact, some are now $1000 Australian for the registration fees. Even for PhD students they are over $600. Not many PhD students can afford that sort of money.
The reason many conferences have become expensive is that they are organised by companies rather than by academics. Many academics would say they no longer have the time to spend on organising conferences. This is a pity since they have become too expensive for many students. I organised a conference in 2007 and the conference fees were $370 Australian but I organised everything myself.
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the other problem is that institutions don't usually fund you to attend a conference unless you have a paper accepted... so, conferences are crammed with papers to drive attendance, leaving very little time for in-depth discussion
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