Umm .. how do you get a ticket?
One of the reasons for this is that they used to hand out swag worth more than the ticket price (latest Nexus phones, etc).
This makes sense for Google - increasing developer mindshare and experience on their platforms is worth more than the device cost. But this also had the effect of "everyone" applying for Google I/O to get the swag, even if you are not too excited about attending the talks.