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The Internet is Worse Than Ever – Now What?
(yewtu.be)
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I mean, I have a BS and MS in computer science, so you can use that as guidance as to whether or not I know what an algorithm is. :)
In this context, though, it should be clear that "The Algorithm" refers to a specific social networking algorithm that chooses the content you see in order to maximize advertising revenue.
So yes, Lemmy has algorithms that show different content based on your input, but that's a wildly different animal. Notably, I'm the one deciding, and also they're not trying to maximize ad revenue.