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Did Claude Cowork trigger a real “SaaSpocalypse” or is it overkill?

Did Claude Cowork trigger a real “SaaSpocalypse” or is it overkill?

Episode 683 Published 3 weeks, 1 day ago
Description

In early February, Indian IT stocks crashed 6% in a single day—the worst selloff in six years. ₹2 lakh crore vanished. Wall Street lost $300 billion.

The trigger? Anthropic launched Claude Cowork, an AI agent that can organize files, parse spreadsheets, and write reports autonomously. For the first time, AI doesn't just assist—it executes entire workflows with minimal supervision.

Investors panicked, and experts coined the term "SaaSpocalypse." But is this really the end of software companies, or are we watching an overreaction?

Today, host Rachel Varghese unpacks both sides.

Tune in.

Listen to our episode on Deloitte's AI blunder here.

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Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

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