I am a little bit surprised by the lack of depth in discussing such a major product change.
I get it, the problem is definitely worth solving for. Waking up with a $100k bill isn’t great.
At the same time, from a product perspective the proposed solution might be a bad idea. Simply having hard caps as default will definitely turn out to be as bad for some people as a $100k bill, see for example (1).
You can’t come up with good product changes if you don’t discuss the potential negative effects of a change.