Anthropic AI tech rout 2026

The Anthropic Shockwave: Why the IT ‘SaaSpocalypse’ Just Arrived

The Anthropic Shockwave: Why the IT ‘SaaSpocalypse’ Just Arrived

The global tech market just experienced its most violent tremor since the 2020 pandemic, and it wasn't triggered by interest rates or earnings. On February 4, 2026, a “tech rout’ saw over $285 billion in market value evaporate in a single session. The culprit is the “Anthropic Effect.” The San Francisco startup recently launched a suite of workplace automation tools—plugins for its Claude Cowork agent—that don't just help humans work; they replace entire workflows in legal, compliance, and data analytics. This is a nightmare scenario for the traditional IT services model. For years, the bull case for AI was that…
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