
Good morning. Michal Lev-Ram, Fortune editor-at-large, here, filling in for Alan today.
Back in the early iPhone days, I covered the then-fledgling smartphone beat. I remember going to conferences like CTIA, Mobile World Congress, and CES, where the talk of the town was the only device maker that wasn’t actually there—Apple. Its coveted new phone never had a presence at any of these industry confabs. I had a similar experience at this week’s APEC CEO Summit, which took place alongside the main APEC Leaders event in San Francisco, for very different reasons.
Here's who was in attendance at the Summit: The heads of Pfizer, Citi, Mastercard, GM, OpenAI, Google, FedEx, Uber, Microsoft, and other leading companies. (Oh yeah, and President Joe Biden spoke too!). And here’s who wasn’t there: Elon Musk.