IMO it's never about the tool, but who controls it. For example, nuclear energy is a neutral thing on its own, when used to generate power it's (arguably) a net positive, when used for bombing it's a net negative.
The same goes for algorithms, when they are used to save lives at hospitals it's a net positive, when used to harvest people's attention it becomes a net negative.
(For anyone interested, I have MAB algorithms in mind, they can be used to prioritize patients at hospitals, or make recommendations in social media. You can guess which application of the algorithm is more commonly used, well researched, and well funded.)