Whether it’s actually 20% or not doesn’t matter, everyone is aware the signal of the top confs is in freefall.
There are also rings of reviewer fraud going on where groups of people in these niche areas all get assigned their own papers and recommend acceptance and in many cases the AC is part of this as well. Am not saying this is common but it is occurring.
It feels as if every layer of society is in maximum extraction mode and this is just a single example. No one is spending time to carefully and deeply review a paper because they care and they feel on principal that’s the right thing to do. People did used to do this.
If the Zucc has a weird day he starts dropping 10-100M salary packages in order to poach AI researchers. No wonder the game is getting rigged up the butthole.
to some degree this is a "market correction" on the inherent value of these papers. There's way too many low-value papers that are being published purely for career advancement and CV padding reasons. Hard to get peer reviewers to care about those.
The argument is that there is no incentive to carefully review a paper (I agree), however what used to occur is people would do the right thing without explicit incentives. This has totally disappeared.