Isn't that where we are now? Choose your desired behavior seems equivalent to "here's billing alerts and AWS API, good luck".
Someone could build a cost circuit break lambda function fairly easily. Wire a billing alert to the lambda, use AWS API to terminate all EC2 instances (or other resources). Someone could open source that fairly easily.
I think it's about reasonable defaults. You can recommend that customers configure their accounts with the behaviors they choose, but clearly many aren't using the tools they currently have. So we have these horror stories.
I will mention that I don't think deleting resources is a good default behavior as that can cause data loss (itself a potentially business ending event). But people are certainly able to evaluate their own risk and can implement that with the tools that exist today.
I think a better way to look at this is how much money banks make on overdraft fees (Even very small overdrafts). It’s just such a easy way to make money.
Someone could build a cost circuit break lambda function fairly easily. Wire a billing alert to the lambda, use AWS API to terminate all EC2 instances (or other resources). Someone could open source that fairly easily.
I think it's about reasonable defaults. You can recommend that customers configure their accounts with the behaviors they choose, but clearly many aren't using the tools they currently have. So we have these horror stories.
I will mention that I don't think deleting resources is a good default behavior as that can cause data loss (itself a potentially business ending event). But people are certainly able to evaluate their own risk and can implement that with the tools that exist today.