arXiv:2507.14084v1 Announce Type: cross Abstract: Humans have a selective memory, remembering relevant episodes and forgetting the less relevant information. Possessing awareness of event memorability for a user could help intelligent systems in more accurate user modelling, especially for such applications as meeting support systems, memory augmentation, and meeting summarisation. Emotion recognition has been widely studied, since emotions are thought to signal moments of high personal relevance to users. The emotional experience of situations and their memorability have traditionally been considered to be closely tied to one another: moments that are experienced as highly emotional are considered to also be highly memorable. This relationship suggests that emotional annotations could serve as proxies for memorability. However, existing emotion recognition systems rely heavily on third-party annotations, which may not accurately represent the first-person experience of emotional relevance and memorability. This is why, in this study, we empirically examine the relationship between perceived group emotions (Pleasure-Arousal) and group memorability in the context of conversational interactions. Our investigation involves continuous time-based annotations of both emotions and memorability in dynamic, unstructured group settings, approximating conditions of real-world conversational AI applications such as online meeting support systems. Our results show that the observed relationship between affect and memorability annotations cannot be reliably distinguished from what might be expected under random chance. We discuss the implications of this surprising finding for the development and applications of Affective Computing technology. In addition, we contextualise our findings in broader discourses in the Affective Computing and point out important targets for future research efforts.