Anthropic’s AI Shockwave: Is This the End of IT Outsourcing? Why IT stocks falling?

The IT industry is facing one of its biggest shocks in years. Anthropic, the AI company founded by ex‑OpenAI leaders, has launched Claude Cowork and Claude Code—AI agents designed not just to chat, but to actually do the work. From generating reports and analyzing data to debugging code and integrating with enterprise systems, these tools are redefining what AI can achieve in the workplace. So why are IT stocks falling? Investors fear that routine IT services—traditionally outsourced to large teams in companies like Infosys, TCS, and Wipro—could now be handled by AI agents at a fraction of th…