Lol. Seriously?
So if Apple can only hold 5,000 people in a conference because they have 50 qualified talented speakers to 100 people in a room, should magically be able to hold a conference with 50,000 people with the same 50 speakers speaking to 1000 people in a room? It's very similar to colleges with professors. You can only allow so many people to come to your university. You can't just take everyone and do it for free. You only have so many buildings, so much room and so many people.
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It's been about $1500 for the past 10 years.
And it's price is very similar to all the other conferences. Google I/O is only 3 days and costs $900. Same price per day. Microsoft Build costs $2,195.
Should doctors cap their costs at $100/surgery because that just seems right to you? I don't think you understand what this conference is.... you probably just think it's one 2-hour presentation. That's not what people come for. It's the 4 1/2 days after that.