Sure.
I first tried it in a currently running game and it still showed 3 wood 3 copper wire. So I made sure it was enabled and started a new game and still shows the 3 wood, 3 copper wire.
My recipe states: Base Mod > AAI Industry > Bobs Assembly Machines > Krastorio 2 > Less wood for Krastorio 2 > Krastorio 2 (...again)
So I disabled AAI Industry and the recipe seems to be working fine now.