Technology

Fear factor: Claude Cowork, techies no work?

February 5, 2026 0 views 1 min read
Fear factor: Claude Cowork, techies no work?
Anthropic’s launch of Claude Cowork, an AI tool for collaborative work, sparked a global software stock sell-off worth $285 billion. Indian IT stocks also fell sharply, with the Nifty IT index dropping 8% and Rs 2 lakh crore wiped out. The platform automates tasks across multiple functions, threatening traditional software service models.