JPMorgan has launched $2,000 monthly spending limits for some employees using Claude Code, internal messages seen by Business Insider show. The cap, along with a new security effort for some Claude users, marks another evolution in how America’s biggest bank is refining its AI use amid ballooning costs and risks, and reshaping expectations for software
This as-told-to essay is based on a conversation with Henry Chen, a former Meta tech lead who was laid off in May. He’s 38 and lives in the San Francisco Bay Area. The following has been edited for length and clarity. After I left college, I worked as a DJ for a few years, taught
