We should not be using algorithms to determine sentences for criminals, the judiciary is there for that to determine the facts of the case and the intent of the criminal. I understand it is still an opinion but its better than something that does not know or see what is in front of it and is basing it's opinion based on information fed in to it.
Mortgages are based on ability to pay so I have no problem with them, money in - money out = amount you can afford with an adjustment to factor in interest rate changes.
Googles algorithms should be open to scrutiny by a legally backed watchdog because they can make or break a company/product/person/opinion.
At the end of the day the box (Pandora's) is now open and it's not going to get shut.