If FP community would advocate big math curriculum for programmers with category theory at the top, hype would die fast.
And hell, you can be absolutely certain that I'd advocate a big math curriculum for programmers with category theory at the top. I don't know that the ROI is there for everyone, but I couldn't not recommend such a thing heartily.
Learn abstract algebra, as a programmer? Of COURSE that will help you.
Here's my heuristic for whether a problem makes a good example: whether or not it's the best tool for the job, would you write a program to solve it in C or Java or Go? If not, I'm skeptical it's solving a problem that exists outside the functional programming universe.
There are plenty of techniques that solve problems that only make sense within the particular ecosystem where you find them; lots of Java tools are like that, for example.
You need to study math more broadly to use category theory. These intros and books for programmers just give overview of concepts. You need to study mathematics more deeply to actually use it in programming. Advanced algebra is must.
In other words, if you think this isn't relevant to the programming you do, it is likely that the programming you do is the exact kind of programming this was written to be relevant to.