Within four months, Uber burned through its entire 2026 AI budget. It then capped every engineer at $1,500 a month. Similarly, ServiceNow exhausted its full-year Anthropic coding budget in the first few months. Even Microsoft is winding its own engineers off Claude Code. All these examples remind me of the cloud bill shock of a decade ago, that was met with the same conviction that the cure is a tighter spend cap and a sharper rate. This time, though, I think it is the wrong cure.