It's an informative example of social signalling masquerading as analysis. There's a TED-ish evangelical enthusiasm for drawing analogies between ideas that aren't really analogous, an appeal to authority (science[tm]), some drastic oversimplifications of complex ideas, and a zinger at the end.

But unless you believe that technology is an evolving lifeform that has its own parasitic political agenda - always possible, but hard to support without evidence - the problems of capitalism and technology are about opportunity distribution, not about whether software runs in a loop.

There's no invisible silicon hand at work. It's still all about some people making decisions, and about other people who are excluded from that process.