Spending hard caps

I was catching up with some tech news yesterday and every time I read one of these “I woke up with a USD 18k bill in my Cloud account” articles, I am reminded about how fucking stupid—and predatory—this whole industry can be. The ability to set hard spending caps should be required by law. I think that’s another issue the EU should decide to tackle at some point. If I know I have a budget available, there should be an option for me to configure your service so that you don’t allow me to spend more than that. And if my product or site goes down as a result of that, it’s a choice I get to make. But the reason why hard caps are usually not an option is obvious: companies get to make more money this way. Hurray for capitalism! The sad part is seeing allegedly smart people arguing that no, the actual reason is that it’s a complex problem to solve, and no-one has figured out how to do it yet. An excuse so pathetic that it’s not even worth getting mad about it. There are people discussing…