I think it is unfortunate that "the algorithm" has become the popularized phrase for the thing, though. Yes, clearly an algorithm which evaluates the entire state of the universe and uses that as an input is still an algorithm. But it is also clearly not what people are looking for.
I'm pretty sure people expect to be able look at The Algorithm and find the part that is trying to destroy <whatever their hobby-horse is>. I bet whatever we see will lean more toward "big dumb pile of A/B tests."
