Felix Salmon on the “high profile” meetings at Davos:

The conclusion one draws from such meetings will not come as any surprise: CEOs are pretty normal people, who have a pretty shallow understanding of most things in the news, and who can often be stupid and/or obscene, especially when drunk. Yes, they have money and power, but that doesn’t make them particularly insightful or admirable. Often, the exact opposite is the case.

Basically the same is true of every other conference in the history of the world. But if you’re going to be disappointed, it’s definitely better to be disappointed in a Swiss chalet.