I mean it's true that ML uses linear algebra. But the difference between ML and PageRank is that ML is Machine Learning. The learning part (involving storing and updating based on new data) is different to statically calculating Pagerank using Map/Reduce and applying it as a ranking function.
I take a pretty broad view of ML, but there certainly is a difference in degree if not principle.
More to the original point, nowadays when most people thick of machine learning they are thinking of deep neural networks, whereas Google‘s original pagerank was very simple and shallow by comparison. But they built an algorithm that allowed machines to learn what pages were high value and what pages were low value. If that seems simple by today’s standards, it’s evidence of the AI goal posts moving more than anything else.