We're going to need default hard budget caps on pretty much everything

Key points

• I'm talking about the feature of pay-by-usage services and APIs that lets you say "after $X/month, cut this thing off and return errors".1
• Soft caps, "after $X/month, send me a warning email", will not cut it.1
• I think hard budget caps need to be the default.1
• ... and it turns out AWS finally launched spending limits a few weeks ago!1

Sources (1)

• [1]We're going to need default hard budget caps on pretty much everything
  Simon Willison's Weblog · Oct 3, 11:34 PM

  Here's a product feature which the world is going to need a whole lot more of over the coming months and years: default hard budget caps.

  I'm talking about the feature of pay-by-usage services and APIs that lets you say "after $X/month, cut this thing off and return errors".

Extractive summary: sentences quoted from the sources.