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.
One thing I've noticed when hanging around leftist circles is that they talk about values alignment as well. Once you get past the completely different vocabulary, they too are trying to figure out how to deal with large superhuman entities optimizing for a goal where humans are irrelevant. It's just that what they're talking about is global, publicly traded megacorps optimizing for money.
Publicly held companies have the terminal value of accumulating as much money as possible. This is called "shareholder value maximization".
Even if most people inside the organization may value other things, their job description is to contribute to the ultimate goal of maximizing money, and they are paid and incentivized to... (read more)
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:
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.