In the episode of 'Artificial Intelligence: DECODED - Translated into Plain English', host KP delves into the fact that AI is deeply integrated into our lives, even when we don't realize it. He acquaints listeners with the concept of AI and some of its core lingo that includes machine learning, deep learning, and natural language processing. The script also confronts issues associated with privacy and bias in AI. It underscores the role of AI in transforming the way we work, while also highlighting that it is unlikely to replace jobs rooted in human skills like creativity and emotional intelligence. KP encourages listeners to be aware, informed, and proactive about how they interact with AI technologies, and finishes by sharing resources for further exploration into the subject.