Well, not exactly "Live,"
The only difference is the automation doesn't open a mic. But the music is being mixed live and is coming off the same hard drive located in Buffalo. The music is always recorded regardless of whether or not it's hosted. Then again, name all the live hosts on Spotify.
But I've been listening for several hours and the only 'repetition' I've heard was for Taylon Swift's Karma, which is the #1 song this week. It would typically get a spin every two hours, and that's exactly what I heard. The rest is a curated mix of Hot AC songs, rotated constantly at different ratios in the way one programs a music station. Will they update it? Why not? It's very easy. In fact if they program it, they can have the automation update the music when the new chart comes out every week.