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Why did Anthropic's AI plug-ins spark a ₹25,78,684 crore 'SaaSpocalypse' in US market?
short by Medhaa Gupta / on Wednesday, 4 February, 2026
Anthropic's 11 new plug-ins triggered an about $285 billion (₹25,78,684 crore) US software sell-off, dubbed a "SaaSpocalypse", amid fears of viability of such models as the AI tool automates daily business tasks. "As Indian enterprises integrate Claude...dependency on large vendor teams may decline, squeezing billable hours and margins," an analyst said, adding it also threatens entry‑level jobs.
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