Is ego the false identification ‘I am this body’?

Michael answers the following question in this video: At what point are we ego? Is ego false identification as being the body. So is it a sense that we are the body, and that ‘sense’ we call ‘I’ and this ‘I sense as the body’ is called ego? This episode can also be watched as a video here and a more compressed audio copy in Opus format (which can be listened to in the VLC media player and some other apps) can be downloaded from here.