AI systems are increasingly embedded in multi-user social environments, yet most alignment frameworks conceptualize interaction as a dyadic relationship between a single user and an AI system. Livestreaming platforms challenge this assumption: interaction unfolds among streamers and audiences in real time, producing dynamic affective and social feedback loops. In this paper, we introduce the Triadic Loop, a conceptual framework that reconceptualizes alignment in AI co-hosted livestreaming as a temporally reinforced process of bidirectional adaptation among three actors: streamer ↔ AI co-host, AI co-host ↔ audience, and streamer ↔ audience. Unlike instruction-following paradigms, bidirectional alignment requires each actor to continuously reshape the others, meaning misalignment in any sub-loop can destabilize the broader system. Drawing on literature from multi-party interaction, collaborative AI, and relational agents, we articulate how AI co-hosts function not only as mediators but as performative participants and community members shaping collective meaning-making. We further propose "strategic misalignment" as a mechanism for sustaining community engagement and introduce three relational evaluation constructs grounded in established instruments. The framework contributes a model of dynamic multi-party alignment, an account of cross-loop reinforcement, and design implications for AI co-hosts that sustain social coherence in participatory media environments.