This could be a niche search engine for advanced users, but I feel that to average users this would be a strictly worse experience because they have no interest in figuring out how to "select an algorithm." They expect to type a query and the result they want comes up at the top. The search engine should be able to infer whether the user wants results that are more recent, more interactive, more authoritative, etc. based on the query, past search behavior, and anything else that is known about the user. If that isn't happening, the search engine needs to be made "smarter."

The way it's likely seen by many tech companies is that the more decisions you have to offload to the user, the less advanced your system is. An old car with a lot of knobs and dials and levers is not more advanced than a self-driving car with a single control, select destination. Some people will still prefer the old car, but it will be a niche market.