The fact that there is not really an equivalent for AGI is admittedly a place where this analogy breaks down.
A pithier version of this has been suggested to me as "[Corporations are] like paperclippers except for money".
It may also be worth noting how a sufficiently advanced "algorithm" could start making its own "decisions"; for example, a search/display algorithm that has been built to maximize advertisement revenue, if given enough resources and no moral boundaries, may suppress search results that contain negative opinions on itself, promote taking down competitors, and/or preferentially display news and arguments that are in favor of allowing Algorithms more power. Skepticism about The Algorithm is a cause many political parties are already able to agree on; the possibility of The Algorithm going FOOM might accelerate public discussions about the development of AI in general.
If you are in the United States, you may want to consider applying for disability. This is ethically questionable if you can support yourself working. It may or may not be a rational economic decision: see below.
Pros:
Cons:
I suspect that disability is set up, without anyone being at fault, such that the vast majority of the economic incentives prevent you from improving yourself further. A more sustainable program to replace disability on the national scale, one that would not actively discourage going to work or training, would resemble a basic income-type system. Unfortunately, such a program does not currently exist in the United States. (More realistically given the general political climate here, percentage disability ratings like the VA uses would be a sustainability improvement, if they could be implemented fairly.)
I believe that it is at least somewhat ethically justifiable to take advantage of disability if you qualify for it and your disability is significantly impacting your ability to work (even if it does not prevent you from working entirely), because there is no better system in place. However, just because I may be able to justify it to myself (I do not currently collect disability, and am currently agonizing about whether I should) does not mean that you will be able to. Please make your own decisions.
Skepticism about the alignment of government and the incentives thereof has existed for almost as long as governments have. Elections, for example, are a crude but better-than-nothing attempt to align political interests with public interests, and much ink has been spilled on the subject of improving this alignment and even whether alignment to the general public opinion is a good idea.
Far less such discussion has occurred in the case of extremely large companies, as they are a relatively newer concept.