arun sundaram joining us from cfra on the amazon story.suncor buying the oilsands assets of a major global player and we will talk about the changing energy dynamics. this is bloomberg. ♪ the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com jon: this is bloomberg markets. time for today's for what it's worth. our number today is 5.5 billion canadian or 4 billion american, that is how much suncor is going to be paying for the energy assets of totalenergies. suncor will have total control of the massive fort hills project. this will continue as shift we hav majors around the world away from canada's oil sand, sometimes seen as a controversial investment in aes she environment. the canadian players and many ways doubling down. kriti: as we talk about that next was -- that acquisition cost, you are seeing some shares

big package discussion right now let's welcome in cnbc's tech correspondent steve covac, along with arun sandranjun nyu school of business, and the managing director with roth mkm, he has a buy rating on alphabet and $126 price target so thank you, gentlemen, for being here right now steve, start with you with the bigger picture story about how important a.i. is. >> right. >> to microsoft and amazon and every other -- >> important to everyone if you listen to sundar pichai. it's important to every company is going to be using this, one of the fascinating things in that "60 minutes" interview. what struck me what we're seeing between microsoft and google, they're warning before they start breaking things. this is coming with social media and youtube and misinformation we've been grappling with for so many years they apologize after the fact, after they start asking for regulation, now they're asking for regulation before they can fully launch these products at the same time, dom, we haven't seen our congress pass laws for child safety online if they can't do that, there's like little appe

[intriguing music] [arun] our whole lives and modern quality of life and our whole economy relates tonergy. in the span of 250 years, which is a blink of an eye compared to our human civilization, our lives have completely changed and it's all really due to energy. that whole sector, it's going through what i call a once-a-century change that is happening. that's the magnitude that we're talking about. [chloe] this change is critical because science has revealed that the energy system created 250 years ago, which is dependent on fossil fuels, threatens our existence. however, today, we have the knowledge and the tools to create a renewable energy system...